thumbed industrial supply catalog that a home shop owner can certainly get, butprobably hasn¶t yet (hint). Or use the Internet, In any case, the shop will now have acomplete set.So you might think getting another wrench just to hang on the machine to makethis required adjustment is overkill, a µfor sure¶ money waste. But it's not - and here'swhy. A machinist is paid, let's say, $10 an hour. Yes, that's really,
on the lowside, but this is set low as a part of the example. If it was high the repayment wouldcome even faster, true. But if it was high you might think it didn¶t apply to you - but it stillwould, and does in both cases.Let's say this machinist spends 5 minutes each working day just walking over toget this hex wrench from the set, and then putting it back when he's finished. We'll saythe wrench never gets lost (ha!), never is so worn it doesn't work, and no one else is
using it so he doesn't have to stand around waiting for the tool to be free, or someone else doesn't have to stand around waiting for him to finish with it.
, again ±this is the real world, things like that don¶t happen, much more time is wasted. Muchmore time is wasted Anyway, this isn't going to be true in the real world, but we'llcontinue our example as if it was.Let¶s see what not having this tool by the machine costs in a month. We said themachinist spent 5 minutes over the course of each day just getting this tool. Fiveminutes times 22 working days in a month is about 1.8 hours. That's 1.8 hours of work
in just one month doing nothing but getting a two dollar tool (2$? - I rounded up1.78 to 2). Remember, we said this machinist is paid $10 an hour? I know, that¶s lowbut that is intentional, this is a worst case analysis. His services are probably billed at30 dollars an hour, more likely at $100 an hour, or better. In other words, he spentalmost two hours of the month doing nothing but just getting this tool. Hello, that¶s a
tool at best we¶re talking about - less than that, really. 32 times 2 is $ 64, so let¶s callthat a modest loss of $36 (!), not $64.So, in just one month management
at least 36 dollars (or more!) making themachinist get a 2 dollar tool. Sound like a good move to you? If having too muchmoney is your problem, then send me your problem.Hey! Look at those numbers again. Management could buy a brand new hexwrench for this guy
throw it out at the end of the month, purchase a newone, and still come out ahead. Of course they wouldn't have to. I would be surprised if in the real world the hex wrench didn't last for, say, a minimum of three years. This is alow wear job - probably it would last 10 years at least, or maybe a lifetime, or until it getslost, but let¶s pick on 3 years. Ten years? Hey the machine itself may wear out by then.The tool will probably last a bit longer than you might expect, as you can grind off