COST SAVINGS PROJECTIONS

Use the table below to calculate your projected savings:

Total Projected Savings	$1,600,000
Computational Line Items	Values & Parameters		Notes & Comments
Number of Employees whose files will be maintained by ERS.	1,000		Enter number of employees at your facility.
Average number of filing (in inches) maintained by each employee.	125
Total number (in inches) of files to be considered.	125,000
Average number of documents (in inches) filed per cabinet.	100
Total number of cabinets required to store all files.	1,250
Square feet per cabinet.	10
Total square feet required to store all files.	12,500
Estimated reduction percent.	80%		Low - 33% , High - 80%
Number of cabinets eliminated.	1,000
Number of square feet eliminated.	10,000
Dollar cost per square foot.	$25
Cost Savings (of saved space)	$250,000
Cabinets maintained per person	25
Reduction in Staff (for eliminated cabinets)	40
Salary per person	$30,000
Salary Savings	$1,200,000
Total Cartons Maintained	100,000		Enter number of cartons archived at your facility.
Percent Reduction	50%
Reduced cartons	50,000
Storage Costs per year per carton	$3
Reduced cartons savings	$150,000