Potential Costs Associated with Machining Process
Tool #1 Tool #2
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  
Total 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.