Understanding Life Cycle Costs How a Northern Pump Saves You Money

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Belinda Banks
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1 Understnding Life Cycle Costs How Nrn Pump Sves You Money Reference: Hydrulic Institute (

2 Introduction Wht Life Cycle Cost (LCC) Clculting Totl LCC LCC Components

3 Wht Life Cycle Cost Life Cycle Cost (LCC) Totl Lifetime Cost Purchse, Instll, Operte, Mintin nd Dpose Equipment Components LCC Initil Instlltion Commsioning Energy Opertion Mintennce nd Repir Downtime Environmentl Dposl Studies Hve Shown 30% 50% Cost Reduction Relized Through Equipment Control System Chnges

Commsioning Energy Opertion Mintennce nd Repir Downtime Environmentl Dposl

4 Clculting Totl LCC LCC = C ic + C in + C e + C o + C m + C s + C env + C d Wheres.. LCC C ic C in C e C o C m C s C env C d = life cycle cost = initil costs, purchse price (, system, pipe, uxiliry services) = instlltion nd commsioning cost (including trining) = energy costs (predicted cost f system opertion, including driver, controls, nd ny uxiliry services = opertion costs (lb cost nml system supervion) = mintennce nd repir costs (routine nd predicted repirs) = down time costs (loss production) = environmentl costs (contmintion from ed liquid nd uxiliry equipment) = decommsioning/dposl costs (including resrtion locl environment nd dposl uxiliry services)

(including trining) = energy costs (predicted cost f system opertion, including driver, controls, nd ny uxiliry services = opertion costs (lb cost nml system

5 Energy Cost Or Costs Initil Purchse Price Mintennce Costs *Accding Hydrulic Institute - A Typicl LCC f n Industril Pump LCC Components C ic - Initil Costs: Engineering The Bid process Purchse Order Admintrtion Testing nd Inspection Invenry Spre Prts Trining Auxiliry Equipment How How Nrn Sves Sves You. You. Becuse Becuse Nrn Nrn ger ger s s re re designed designed f f specific specific ppliction, ppliction, initil initil cost cost cn cn higher higher thn thn our our competirs. competirs. However, However, initil initil purchse purchse price price reltively reltively insignificnt insignificnt overll overll life life cycle cycle cost. cost. Our Our perfmnce perfmnce extremely extremely predictble predictble nd nd relible, relible, equtes equtes down-time down-time nd nd mintennce mintennce cost. cost.

You. Becuse Becuse Nrn Nrn ger ger s s re re designed designed f f specific specific ppliction, ppliction, initil initil cost cost cn cn higher higher thn thn our our competirs.

6 LCC Components C in Instlltion nd Commsioning Costs: Foundtions Design, Preprtion, Concrete nd Reinfcing, etc. Setting nd Grouting Equipment on Foundtion Connection Process Piping Connection Electricl Wiring nd Instrumenttion Connection Auxiliry Systems nd Or Utilities Provions f Flushing Wter Runs Perfmnce Evlution t Strt-Up How How Nrn Sves Sves You. You. Every Every Nrn Nrn Pump Pump perfmnce perfmnce tested, tested, nd nd tken tken through through controlled controlled brek brek in. in. Th Th done done ctul ctul project project duty duty conditions conditions.. Th Th gretly gretly reduces reduces likelihood likelihood dely dely during during strt-up strt-up process. process. Nrn Nrn Ger Ger Pumps Pumps cn cn mounted mounted t t fcry, fcry, incpted incpted in in numr numr different different systems, systems, reducing reducing need need wste wste criticl criticl process process time time ligning ligning..

Evlution t Strt-Up How How Nrn Sves Sves You. You. Every Every Nrn Nrn Pump Pump perfmnce perfmnce tested, tested, nd nd tken tken through through controlled controlled brek brek in.

7 C e Energy costs: Energy Consumption Often Lrger Cost Elements Input Power Clcultion Fmul: LCC Components Q H s. g P 3960 m [hp] (U.S. units) p Q H s. g P 366 p [kw] (metric) m Wheres.. P Q H η p η m s.g. = Power = rte flow, m s /hr (US gpm) = hed, m (ft) = efficiency = m efficiency = specific grvity How How Nrn Sves Sves You. Most Most Nrn Nrn Pumps Pumps re re t t lest lest 85% 85% volumetriclly volumetriclly efficient. efficient. Less Less slip slip pst pst gers gers mens mens energy energy run run.. We We lso lso hve hve ccess ccess virtully virtully brnd brnd electric electric m. m. We We only only select select most most efficient efficient m m f f job! job!

Most Most Nrn Nrn Pumps Pumps re re t t lest lest 85% 85% volumetriclly volumetriclly efficient. efficient. Less Less slip slip pst pst gers gers mens mens energy energy run run.

8 LCC Components C o Opertion Costs: Lb Costs Relted Opertion Pumping System Vries Widely Depending on System Complexity Obtining Optimum Wking Life Requires Regulr Servicing How How Nrn Sves You. Nrn Nrn Engineers Engineers lwys lwys select select mterils mterils tht tht will will fer fer st st long long term term perfmnce. perfmnce. B-10 B-10 Bering Bering life life PV PV vlue vlue lwys lwys reviewed reviewed f f new new ppliction. ppliction. Mny Mny our our s s lst lst yers yers fe fe y y require require mintennce! mintennce!

Nrn Nrn Engineers Engineers lwys lwys select select mterils mterils tht tht will will fer fer st st long long term term perfmnce.

9 LCC Components C m Mintennce nd Repir Costs: Multiply Costs per Event by Numr Events Expected During Life Cycle Pump How How Nrn Sves Sves You. You. Nrn Nrn fers fers fcry fcry rebuild rebuild progrm progrm will will recondition recondition bck bck it s it s iginl iginl condition. condition. After After creful creful dssembly dssembly process, process, entire entire inspected inspected determine determine prts prts tht tht need need replcement replcement reconditioning. reconditioning. In In nerly nerly ll ll cses, cses, components components not not exposed exposed wer wer cn cn re-used, re-used, sves sves you you time time nd nd money. money. Every Every refurbhed refurbhed crries crries full full fcry fcry wrrnty. wrrnty.

10 LCC Components C s Downtime nd Loss Production Costs: Cost Unexpected Downtime nd Lost Production Significnt Item, Cn Be Lrgest in Totl LCC Weigh Cost Lost Production Justify Purchse Spre Pump Increses Initil Cost, but Decreses Unscheduled Mintennce Costs How How Nrn Sves Sves You. Nrn s Nrn s skilled skilled mnufcturing mnufcturing tem tem cn cn duplicte duplicte replce replce virtully virtully previously previously mnufctured. mnufctured. With With hricl hricl drwings drwings nd nd recds recds ll ll s s vilble vilble f f quick quick reference, reference, it it simple simple duplicte duplicte ny ny.. As As most most prts prts re re mnufctured mnufctured in in Wconsin Wconsin fcility, fcility, s s cn cn esily esily duplicted duplicted cusmized cusmized meet meet needs. needs. Building Building spre spre replcement replcement quick, quick, n n lso lso reduces reduces downtime. downtime.

Nrn s Nrn s skilled skilled mnufcturing mnufcturing tem tem cn cn duplicte duplicte replce replce virtully virtully previously previously mnufctured.

11 LCC Components C env Environmentl Costs: Contminnt Dposl Costs Vry Depending on Liquid C d Decommsioning/Dposl Costs: Dposing Costs Vry Depending on Design With High Dposl Costs, LLC Becomes Sensitive Useful Life Pump How How Nrn Sves Sves You. When When ppliction ppliction requires requires sfe sfe nd nd relible relible ger ger,, Nrn Nrn logicl logicl nswer. nswer. The The qulity qulity Nrn Nrn precion precion ger ger s s help help prevent prevent leks leks nd nd filures. filures.

You. When When ppliction ppliction requires requires sfe sfe nd nd relible relible ger ger,, Nrn Nrn logicl logicl nswer.

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