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Economic Analysis for Semi-Synthetic and Synthetic Coolant Substitution

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Economic Analysis for Semi-Synthetic and Synthetic Coolant Substitution Powered By Docstoc
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Economic Analysis for Semi-Synthetic and Synthetic Coolant Substitution
Assumptions: · Spent cutting fluid generation rate for oil-based: · Labor to replace cutting oils: · Both oil-based and synthetic cutting fluids are recycled at no cost. · Cost of fresh oil-based cutting fluid: · Cost of synthetic cutting fluid based on a purchase of a 55 gallon drum: · Use of synthetic reduces amount of coolant waste generated by: Reduces labor for changing fluid by: · Labor cost: Annual Operating Cost Comparison of Synthetic and Oil-based Cutting Fluids Synthetic Oil-based Operational Costs: Labor: Fluid purchases: Total Operational Costs: Total Recovered Income: Net Annual Cost/Benefit: Economic Analysis Summary Annual Savings for Synthetic: Capital Cost for Diversion Equipment/Process: Payback Period for Investment in Equipment/Process: $468 $10,368 $10,836 $0 ($10,836) $3,120 $23,587 $26,707 $0 ($26,707) 2 gal/hr, 2 hrs/week or $5.60 /gal $16.41 /gallon 85% 85% $30 /hr

$15,871 $0 Immediate

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4,212 gal/yr 104 hrs./yr.

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