Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Neve WordPress Theme Review: 1,200+ Five-Star Ratings Can’t Be Wrong…or Can They?

    June 23, 2025

    Cloos India has officially launched its all-new Experience Center in Pimpri, Autocluster, Pune!

    June 18, 2025

    Precision Ball Screw Spline-PBSA Series

    June 14, 2025
    Facebook X (Twitter) Instagram
    • About Us
    • Contact US
    • Advertise
    • Subscribe Magazine
    Publications Media Kit
    Facebook Instagram YouTube LinkedIn WhatsApp X (Twitter)
    MACHINE TOOLS WORLD | Machine Tools Industry Update | Machine Tools Manufacturer | CNC machine Manufacturer | Manufacturing Industry | Indian Machine Tools Magazine | Indian Machine Tools Industry | Machine ManufacturerMACHINE TOOLS WORLD | Machine Tools Industry Update | Machine Tools Manufacturer | CNC machine Manufacturer | Manufacturing Industry | Indian Machine Tools Magazine | Indian Machine Tools Industry | Machine Manufacturer
    • Top Stories
    • People in Focus
      • Interview
      • Opinion
      • Inside Story
    • News Updates
    • Tech Innovations
      • Aerospace / Defense
      • Allied
      • Automation
      • CAD / CAM
      • CNC
      • Cutting Tools
      • DIE / Mould
      • EDM
      • Grinding
      • Metrology
      • Metalworking fluid
    • Case Studies
    • Demo Room
    • Directory
      • Product Updates
    • Special Zone
      • Cutting Tools Zone
      • Metalworking Fluid Zone
      • Metal Cutting Zone
      • Modern Metrology Zone
      • Smart Automation Zone
    • Blog
    MACHINE TOOLS WORLD | Machine Tools Industry Update | Machine Tools Manufacturer | CNC machine Manufacturer | Manufacturing Industry | Indian Machine Tools Magazine | Indian Machine Tools Industry | Machine ManufacturerMACHINE TOOLS WORLD | Machine Tools Industry Update | Machine Tools Manufacturer | CNC machine Manufacturer | Manufacturing Industry | Indian Machine Tools Magazine | Indian Machine Tools Industry | Machine Manufacturer
    Home»LATEST NEWS»MachineMax launches calculator for heavy machinery idling costs
    LATEST NEWS

    MachineMax launches calculator for heavy machinery idling costs

    DINESH GBy DINESH GOctober 19, 2019Updated:July 24, 2020No Comments0 Views
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    MachineMax launches calculator to cut heavy machinery idling costs
    Share
    Facebook Twitter LinkedIn Pinterest Email

    UK-based MachineMax has inaugurated an online-based savings calculator built to aid mining operators cut idling costs.The tool considers the types of machines for which a user is seeking savings, as well as the size of the mine’s fleet and the operator’s hourly rate; cost assumptions are modelled using collected data from customers and standards. It takes about two minutes to complete.

    The calculator also has an advanced savings option, which can offer more accurate results using actual site costs, including fuel and maintenance.”On a mine site, some idle time cannot be completely avoided; however, it may be an indicator of an underlying bottleneck or process inefficiencies which can be resolved,” business strategy manager Jennifer Thomson said. She pointed out that, either way, equipment was usually idle more than necessary.

    “Idle time results in unnecessary direct operating costs as the machine is still running, consuming fuel, contributing towards emissions, all whilst under the control of the operator, all of which have an associated cost.”No matter the reason for the idle time, it can create indirect costs through unnecessary wear on components and premature filter and fluid changes.

    “If the machine is idling, then by implication it is not being productive, so there is an opportunity cost to missing out on revenue from missed production,” she added.The improved numbers, according to MachineMax, can be significant, and that does not account for increased productivity from a boost in equipment output.

    Read more here

    heavy machinery idling costs MachineMax
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    DINESH G

    Related Posts

    Honda Expands Production Capacity by Adding New Production Line at Fourth Motorcycle Plant in India

    June 12, 2025

    Hitachi Vantara Launches Virtual Storage Platform 360, a New Data Management Software Solution that Delivers a Simplified, Streamlined Experience

    June 12, 2025

    FARO Technologies Unveils the FARO® Leap ST® Handheld 3D Scanner in Exclusive Webinar

    June 12, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Machine Tools World – April 2025

    April 28, 202516

    FACCIN Ergonomic Console With Wireless Control System. Unlock The Power Of Freedom!

    November 25, 202416

    3D Printing: India’s Next Manufacturing Frontier

    June 14, 202511

    Machine Tools World – May 2025

    June 6, 202510
    Don't Miss
    Events

    Intralogistics & Warehousing Expo 2025 Pune – A Massive Success

    By MTWJune 9, 20252

    Pune, India- 3rd edition of Intralogistics & Warehousing Expo, co-located with the Material Handling Expo,…

    Countdown begins for AMTEX – First biggest face-to-face event on machine tools & metal cutting post lockdown

    March 17, 2021

    MMT Expo 2020 showcases world class manufacturing practices in its First Edition

    March 11, 2020

    Intech Additive Solutions

    February 24, 2020
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    MACHINE TOOLS WORLD magazine is a monthly machine tool industry magazine in India since from last 10 years, catering to Indian & global machine tools, CNC machine manufacturers, Cutting tools, Metal Forming Machine Manufacturers, CAD-CAM, Metrology, Lubricant, Grinding Machine Players.

    Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp
    Our Picks

    The Scenario of Metal Cutting Fluids & Lubricants – An Overview

    June 12, 2025

    Honda Expands Production Capacity by Adding New Production Line at Fourth Motorcycle Plant in India

    June 12, 2025

    Hitachi Vantara Launches Virtual Storage Platform 360, a New Data Management Software Solution that Delivers a Simplified, Streamlined Experience

    June 12, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 MachineToolsWorld.
    • Terms & Conditions
    • Privacy Policy
    • Disclaimer Policy

    Type above and press Enter to search. Press Esc to cancel.