KEVOS® WORKOS · Manufacturing
Tooling Payback
How quickly will new tooling pay back?
Calculates the payback of new tooling from the unit-cost saving and annual volume.
Open the calculatorRuns in your browser. No account needed.
How this tool works
Inputs, units and where to find them
| Input | Unit | Typical source |
|---|---|---|
| Tooling investment | $ | Quoted tooling cost |
| Current cost / unit | $ | Current unit cost |
| New cost / unit | $ | Unit cost with the new tooling (trial or quotation) |
| Annual volume | units | Annual volume forecast |
Method and formulas
- Annual saving = (old − new unit cost) × volume
- Payback = tooling ÷ annual saving
- Units to pay back = tooling ÷ saving per unit
Limitations
- Ignores tool maintenance and life unless built into unit cost
Typical uses
- Approving new dies, moulds or fixtures
- Comparing tooling options
Who it is for
- Manufacturing engineers
- Purchasing
What you get
- Saving per unit and per year
- Units and years to pay back
Interpreting the result
- Check the tool will last longer than the payback quantity
WORKOS tools are screening and decision-support utilities. Verify important financial, engineering, safety, legal or operational decisions using appropriate professional standards and your organisation’s approved data.
