2 Estimate operating hours
Next, estimate the annual working hours per machine. Take into consideration the total number of scheduled shifts per year and the average shift duration (minus the non-operating time per shift), then subtract estimated scheduled maintenance time.
The total cost of ownership should be determined based on a proposed purchase agreement and/or financing structure. Other costs to consider include depreciation schedule, taxes,
insurance, estimated resale value, service plans, tire replacements and maintenance costs. Bigger isn’t always better, so do your homework and the results will speak for
themselves. Right-sizing your equipment and fleet mix are worth the effort. John Waldron is a district sales manager for Volvo Construction Equipment.
3 Input equipment specifications
The next step is inputting equipment model information, including the number of machines, model numbers and bucket size(s). The software will automatically pull the necessary equipment specifications to run a product simulation. You can then run reports with different combinations of equipment models, comparing them side-byside to find the solution that delivers the best production at the lowest operating cost.
1/2 MAG HORIZ - 3 COL 7.5 X 4.875 PRINOTH
4 Review the production analysis
The final analysis factors in average cycle time, average bucket passes to fill the hauler and estimated average fuel consumption per hour. You can further review machine utilization in a cycle time breakdown including average load queue time, average spot time at the loading unit, average travel time, average spot time at dump and average dumping time.
5 Calculate cost to operate
PRINOTH will have 2 booths to connect with you about your off-road solutions:
• PRINOTH Tracked Vehicles & Vegetation Management in Central Hall C22231 • PRINOTH Rentals by Multi Machine Inc. in Festival Grounds at F3263 prinoth.com
The production analysis only represents a part of the total operating cost. FEBRUARY 2020
>> www.heavyequipmentguide.ca 37