You are on page 1of 2

TIP AND DIE COST CALCULATOR

Enter Data in Gold Cells Green Cells are Calculated

A. Downtime results from 1) leakage that requires cleaning, and 2) excessive tip/die changeouts due to accelerated wear and damage. Enter # Enter # Enter # Enter # #VALUE! Frequency of Cleanings Due to Tip/Die Leakage (Avg. # per month) Frequency of Tip/Die Change-outs Due to Wear (Avg. # per month) Avg. # of Minutes of Downtime per Cleaning or Change-out Avg. Labor Cost per Hour (Fully Loaded) = Annual Labor Cost Due to Cleaning/Tooling Change-outs

B. Worn tooling and loose tolerances cause scrap. Tips and dies made from high quality material with tighter tolerances will reduce scrap. Enter # Enter # Enter # Enter # #VALUE! Average Material Cost per Run Current Scrap Rate (Percentage) Projected Scrap Rate with New Tooling (Percentage) Average # of Runs per Week = Annual Excess Cost of Scrap (Current Cost Less Projected Cost)

C. Inferior tips and dies are often removed from production due to manufacturing defects. These out-of-box failures raise the effective cost per tool set. Enter # Enter # Enter # #VALUE! Tip & Die Sets - Annual Purchase Dollar Amount ($) Quantity of Tip & Die Sets Purchased Annually (# of sets) Percentage of Defective / Unusable Tip & Die Sets = Annual Tip and Die Scrap Cost

D. Inferior tips and dies require extra inspection and troubleshooting. Enter # Enter # Enter # #VALUE! #VALUE! #VALUE! #VALUE! Avg. Hours per Week spent on Additional Inspection Avg. Hours per Week spent on Additional Troubleshooting Avg. Labor Cost per Hour (Fully Loaded) = Annual Labor Cost Due to Extra Inspection and Troubleshooting Extra Cost to use Inferior Tip and Die Sets (per year) Total Cost to use Inferior Tip and Die Sets (per year) Actual Unit Price Paid per Tip and Die Set

800-272-8878 www.bhtool.com

#VALUE!

Effective Unit Cost per Usable Tip and Die Set

800-272-8878 www.bhtool.com

You might also like