Perspective is important, we've all heard the phrase 'seeing the forest for the trees’ at some point in our lives. Math can be a useful tool in this regard, helping us widen our scope and shift our perception. Let me illustrate what I mean using my own example from the field...
As a compressed air auditor I spend a lot of time walking through and assessing the compressed air systems of various facilities. Within the last 20 audit hours in the field, I have found $118,107.84 worth of realizable savings. That’s an average of $5,905.39 an hour. This money is just being thrown away at a ridiculous rate. What this really means is that merely hours of work (at a reasonable rate) can result in comparatively significant yearly savings. One task of a compressed air auditor is to find this misspent money. I am talking about finding and assigning costs to compressed air leaks.
I recently attended the Excellence In Manufacturing Energy Summit in Toronto, Ontario and also had the pleasure of attending the ‘Compressed Air System’ presentations. One expert after another started their presentation with a comment about compressed air leaks, stating that their experience had led them to believe that between 20% to 80 % of the compressed air generated was lost to leaks. These are in no way immaterial amounts. Let’s rephrase, 20% to 80% of the money that people put into buying, maintaining and operating air compressors is lost to compressed air leaks. Compressed air is an expensive utility to operate, and finding, fixing, and more importantly, avoiding leaks is the quickest route to keeping compressed air system costs under control.