project evaluated on benefits on costs ratio
DESCRIPTION
benefit on cost ratioTRANSCRIPT
Project Evaluated on Benefits/Cost RatioDate : 01-Oct-14 Department : Distribution
Job : SelectorDescription of the ergonomic concern : Lifting Pallets for order selection
Why the Project is needed : One back injury was attributed to lifting pallets. An evaluation using the NIOSH LiftingEquation showed that the pallet weight exceeded the RWL.
Solution : Automatic Pallet Disenser
Expected Life : 10 Years
Benefits One Time AnnualInjury Reduction $31,50,000
Performance $20,000
Quality $5,000Total $31,50,000 $25,000
Costs One Time AnnualEquipment $50,000.00
Installation Included
Training $5,000.00
Utilities $2,000.00
Maintenance $3,000.00
Performance $6,000.00
Total $55,000.00 $11,000.00
Ratio 68 2.2