mining equipment utilization calculation

  • KPI monitoring for the Mining industryCaron Business

    Jun 05 2018 · KPIs can provide insight into your mining operation but insight doesn t pay the bills. To be truly useful KPIs need to provide timely business intelligence that helps you lower costs boost production improve safety maximize equipment utilization optimize labor resources and more. Careful structuring of what you measure and how often

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  • Do You Know the Utilization of Your Rental Fleet Karmak

    Oct 16 2017 · When a piece of equipment is very expensive consider buying used late-model equipment. Saving 30 000 on a used unit versus the cost of a new unit will dramatically improve your dollar utilization since your annual rental revenue is divided by the original acquisition cost whether you bought new or used.

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  • Difference Between Time Utilization Dollar Utilization

    If the equipment in your rental inventory cost a total of say 300 000 and you had 165 000 in rental revenue then your dollar utilization is 55 percent. Average figures vary by industry. For example according to the trade publication "Rental " a 65 percent rate is considered acceptable for national equipment

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  • 3. CALCULATION OF MACHINE RATES

    For equipment that works very few hours per day the derived equipment lives may be very long and local conditions should be checked for the reasonableness of the estimate. 3.3.3 Salvage Value (S) This is defined as the price that equipment can be sold for at the time of its disposal. Used equipment

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  • mining equipment power calculation

    Gold Mining Equipment 911Metallurgist. 2020-5-20 · 911MPE has small gold mining equipment for sale and more specifically mineral processing equipment.Our equipment is best used in small scale extractive metallurgy operations operated by small miners or hobbyist prospectors and mining fanatics. 911MPE offers gold mining equipment as well as processing equipment

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  • 3 STUDIES ON AVAILABILITY AND UTILISATION OF MINING

    The production performance of mining equipment depends on its availability and utilization. Hence it is necessary to determine the percentage availability and utilization of machinery with an aim to improve the same. Different mines are following different terms and maintaining different information. The only

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  • Imaging Equipment Utilization Rates

    RBMA found diagnostic imaging utilization rates that are far below those that have been proposed in Congress (75 percent in the CHAMP Act1 and in the recently released U.S. House of Representatives "Tri Committee" healthcare reform bill2) the "normative" 90 percent standard recommended by the Medicare Payment Advisory Commission (MedPAC) for equipment costing 1 million or more3 or the

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  • Asset Utilization A Metric for Focusing Reliability Efforts

    what an asset is capable of producing and what it actually produces and with this data to calculate the "opportunity gap." Properly measured and understood asset utilization or more correctly stated the opportunity gap can be used as a metric for focusing reliability efforts.

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  • How a focus on equipment performance productivity returns

    • The global mining industry s open cut equipment productivity (ie annual output / capacity of input) has declined by 20 over the past seven years despite a push for increased output and declining market conditions. • Mining equipment

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  • Do You Know the Utilization of Your Rental Fleet Karmak

    Oct 16 2017 · When a piece of equipment is very expensive consider buying used late-model equipment. Saving 30 000 on a used unit versus the cost of a new unit will dramatically improve your dollar utilization since your annual rental revenue is divided by the original acquisition cost whether you bought new or used.

    Get Price
  • Overall Equipment Effectiveness Mining Different to OEE

    Not all measurement should be time-based in mining. The Quality metric in OEE does exist in mining and should not be set to 100 . Production losses should NOT be stated in time The overall Production of the measured asset should be directly related to the overall OEE achieved.

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  • STUDIES ON AVAILABILITY AND UTILISATION OF MINING

    The production performance of mining equipment depends on its availability and utilization. Hence it is necessary to determine the percentage availability and utilization of machinery with an aim to improve the same. Different mines are following different terms and maintaining different information.

    Get Price
  • Comparative Performance Study of Mine Trucks by Overall

    utilization of equipment. In this study OEE of trucks have been measured since they are the main equipments for the most of the Open pit and underground mines. 5. OEE CALCULATION FOR TRUCKS (OFF-ROAD) Trucks are used in open pit mining as primary hauling equipment

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  • How to Calculate Asset Utilization 13 Steps (with Pictures)

    Mar 29 2019 · Locate net sales information for the period. Asset utilization can be calculated using any sales or revenue figure. However the most commonly used number is net sales which represent the

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  • Calculating and Measuring the Air RequirementAtlas

    A simple method to estimate the present and future air requirement is to compile the air requirement for connected equipment and the utilization factor. This type of calculation requires a list of machines and their respective air consumption data and expected utilization factors. If data is not available for the air consumption or utilization

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  • Surface Mining Methods and Equipment

    UNESCOEOLSS SAMPLE CHAPTERS CIVIL ENGINEERINGVol. IISurface Mining Methods and EquipmentJ. Yamatomi and S. Okubo ©Encyclopedia of Life Support Systems (EOLSS) Figure 2. Change in production and productivity of US coal mines The higher productivity for open pit mining equipment

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  • Overall Equipment Effectiveness Mining Different to OEE

    Not all measurement should be time-based in mining. The Quality metric in OEE does exist in mining and should not be set to 100 . Production losses should NOT be stated in time The overall Production of the measured asset should be directly related to the overall OEE achieved.

    Get Price
  • New to Mining Here are the Most Common Advancing Mining

    Dec 21 2015 · The most common types of mining equipment vary depending whether the work is being carried out above or below ground or mining for gold metals coal or crude oil. From drilling machines to excavators crushing and grinding equipmentthe mining

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  • Equipment Utilization Form Equipment Utilization Form is

    Equipment Utilization Form . 3. The . Equipment UtilizationSubmit/Schedule. page displays. 7 . B 6 . You will have four form options available to print 1. Form Only 2. Form with Inspection List 3. Inspection List Only 4. Blank Form . To schedule an . Equipment Utilization . Form

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  • Global Mining Guidelines Group Preview of the GMG Time

    The Time Usage Model below is a graphical representation of how productive and non-productive activities statuses and events occurring in a mining operation are classified. This model is a key part of a guideline that is in its final stages of editing and will be available to review soon.

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  • Standardizing Availability DefinitionPlant Maintenance

    time " "utilization " etc. are clearly defined before using them. This guideline is designed to eliminate some of the confusion relating to these terms by defining a consistent set of figures of merit relating to manufacturing process and equipment. One such term is "Availability". Care has been taken while defining so that it has the

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  • Equipment selectionQueensMineDesignWiki

    Therefore equipment utilization (EU) is an integral measurement that can not only evaluate mobile equipment performance but also reduce production costs and improve the profitability of a mine. Equipment Utilization. Equipment utilization (EU) is the proportion of total scheduled hours that a machine actually operates.

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  • Equipment Selection for Surface Mining A Review

    Equipment Selection for Surface Mining A Review Christina Burt supply pre-calculated rimpull curves for their trucks to enable a satisfactory calculation of truck ment are non-linear functions of the age of the equipment (or equipment utilization) Figure 4 (Burt et al. 2011). The productivity of equipment

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  • Maintenance Management KPI s

    Equipment Availability. Definition "Equipment Utilization" measures the percentage of time a piece of equipment is actually operationally in a 24 hour day for a given period of time.The performance measurement is the productive time expressed as a percentage of the total time available. Responsibility The reporting of Equipment Utilization is the responsibility of the Production Controller.

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  • OEEOverall Equipment Effectivness Template

    What is it . Overall Equipment Effectiveness (OEE) measures how effectively time is utilized to manufacture a product or products using a piece of equipment. It can also be expanded to measure

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  • Mining equipment utilization calculationfifafriends

    Mining equipment utilization calculation. The production performance of mining equipment depends on its availability and utilization Hence it is necessary to determine the percentage availability and utilization of machinery with an aim to improve the same Different mines are following different terms and maintaining different information

    Get Price
  • What is Machine Utilization formulaAnswers

    It refers to the extent that you are using a machine efficiently and it can be found by the formula as follows U=(t AP)/h where U=machine utilization t=machining time for one component AP=actual

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  • How a focus on equipment performance productivity returns

    • The global mining industry s open cut equipment productivity (ie annual output / capacity of input) has declined by 20 over the past seven years despite a push for increased output and declining market conditions. • Mining equipment

    Get Price
  • Machine utilizationiSixSigma

    Sep 22 2008 · It is Time a resource used/Time a resource availableIf let say a machine can be used up to 30 hours but we are only using only 28 hours of it then Machine Utilization

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  • Rig Utilization RateInvestopedia

    Rig Utilization Rate A ratio used in the oil services industry that measures the amount of rigs being used as a total percentage of a company s entire fleet. A company s rig utilization rate

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  • mining equipment productivity calculation

    mining equipment productivity calculation Equipment Selection for Surface Mining A Review however for large-scale open pit mining in particular the truck and loader" material movement practice is the preferred method of materials handling (Czaplicki 1992 Ta et al. 2005).

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  • Difference Between Time Utilization Dollar Utilization

    If the equipment in your rental inventory cost a total of say 300 000 and you had 165 000 in rental revenue then your dollar utilization is 55 percent. Average figures vary by industry. For example according to the trade publication "Rental " a 65 percent rate is considered acceptable for national equipment

    Get Price
  • Improving Safety Productivity and Efficiency in

    Mining companies are experiencing a number of added benefits from autonomous LHD systems including increased productivity higher equipment utilization and less machine damage. Some mines are even experiencing speed-efficiency increases which lead to shorter cycle times and production increases of up to 25 percent using autonomous technologies.

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  • Standardizing Availability DefinitionPlant Maintenance

    time " "utilization " etc. are clearly defined before using them. This guideline is designed to eliminate some of the confusion relating to these terms by defining a consistent set of figures of merit relating to manufacturing process and equipment. One such term is "Availability". Care has been taken while defining so that it has the

    Get Price
  • Top KPIs to manage heavy equipmentTARGIT

    The right analytics for heavy equipment solution will alert you immediately when your fleet falls below a certain utilization percentage. Washout percent Total income/total expenses Tracking the Washout Percentage can be used as a final calculation upon disposal of an asset or in a "what-if" scenario to time the disposal of an existing asset.

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