NEW machine Justification worksheet Prepare your answers to the questions posed in the form and calculate payback for the investment. |
CMM Upgrades and retrofits from Hexagon Metrology can be applied to virtually all makes and models of CMMs. This form will also will help you decide if an upgrade or retrofit is appropriate. Calculate the Payback Payback on upgrading your present CMM can be broken down into the following categories:  | Reduced inspection time and increased productivity |  | Reduced downtime |  | Reduced scrap and rework |  | Intangible benefits |
You will need the following information to Calculate REDUCED INSPECTION TIME Hours to Inspect Part In Process = Internal Labour Rate per Hour = Parts per Month for inspection = Hours to Generate Inspection Report = Internal Labour Rate per Hour = Parts per Month for inspection = Hours to Final Inspection Part = Internal Labour Rate per Hour = Parts per Month for inspection = REDUCED PRODUCTION TIME Idle Hours due to down time = Internal Labour Rate per Hour = Parts per Month for inspection = CNC Machine Idle Hours due to First Piece Inspection = CNC Machine Cost per Hour = Parts per Month for inspection = REDUCED SCRAP & REWORK Cost of Monthly scrap = Cost of Monthly Rework = RESULT Payback in Months = Cost of CMM / Total Savings per month |