An excellent source for figuring downtime costs from our friend Marty Scudder, Sales Manager at NAB Automation, and  a recent article in Maintenance World, by William C. Worsham.   What Does Downtime Cost Your Company?  by Marty Scudder    12. December 2012 10:15            Most managers don't fully understand the impact  that downtime has on their companies and its' bottom line.  Downtime is  something that many managers have become accustomed to, but do little to  prevent.  It's something that is looked upon as "just part of the job"  and many feel they can't do much to reduce the amount of downtime within  their facilities.  However, with the proper equipment and a solid  preventive maintenance (PM) plan, all facilities will operate longer,  run leaner, and produce more than those who neglect to introduce a PM  plan.   NAB Automation's, Eagle Eye Hazard Monitoring System (HMS) was  developed to reduce downtime due to equipment failures and  malfunctions...