Potential Costs Associated with Machining Process
Enter the number of parts to produce
Enter the hourly shop rate (dollars)
Enter the total cycle time per part (minutes)
Enter the cost of a new tool
Enter the time to change tool (minutes)
Enter the number of parts produced by a new tool
Potential Cost Analysis - Based on New Tools Only
New tools required to complete job
Total hours of machining time
Total machining cost
Total new tool cost
Tool change cost
Cost per part
Difference / Part - Dollars
Total Cost Difference / Job - Percentage
Total Cost Difference / Job - Dollars
To complete calculations, enter known data into the light blue boxes above.
All calculations are based on industry formulas and are intended to provide theoretical values.
Actual results may vary and SGS Tool Company assumes no responsibility.