Theory of Machine
A system in dynamic balance implies that

There is no critical speed in the system
There will absolutely no wear of bearings
The system is critically damped
The system is also statically balanced

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Theory of Machine
The frictional torque transmitted in a flat collar bearing, considering uniform pressure, is (where r₁ and r₂ = External and internal radii of collar respectively)

(1/2). μ W [(r₁³ - r₂³)/(r₁² - r₂²)]
(1/2). μ W (r₁ + r₂)
(2/3). μ W [(r₁³ - r₂³)/(r₁² - r₂²)]
(2/3). μ W (r₁ + r₂)

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