









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. 

