Return on investment
You do the math
- At a machine hourly rate of $50 (adjust to your rate) every 1% decrease of idle time translates to a savings of $65,700 annually for a shop with 15 machines.
- (50 X 87.6 hours X 15 = $65,700 annually)
- A 30% decrease in your idle time would save you $1,971,000 annually.
- (65,700 X 30 = $1,971,000)