Machine hour rate

Replies

• 

  gohm

  Same as any other piece of equipment. You need to know the labor costs (both to operate machine as well as service), initial purchase cost of machine, depreciation of machine, preventative and predictive maintenance costs, energy and then number of hours the machine is in operation.
• 

  BigOhm

  It will vary greatly from country to country. Moreover, it varies greatly by type of shop and the tools they use. For example, here in the US, we expect to pay between $60 and $100 per hour for a punch machine. A brake runs a little less. But, if it's on a fully automated punch, we might expect to pay $300 per hour.
  
  Find a machine shop, or two, nearby and take them a big box of creme-filled doughnuts and tell them what you want to know. They'll probably give you a clue to the local rate.
• 

  mech.sasikumar

  gohm

  Same as any other piece of equipment. You need to know the labor costs (both to operate machine as well as service), initial purchase cost of machine, depreciation of machine, preventative and predictive maintenance costs, energy and then number of hours the machine is in operation.

  
  ok.. but how do we apply purchase cost of machine in calculating the machine hour rate, because i dont know for how many hours ( life time of the machine) i am going to use that machine? do you having any formula for calculating machine hour rate?.😒
• 

  mech.sasikumar

  BigOhm

  It will vary greatly from country to country. Moreover, it varies greatly by type of shop and the tools they use. For example, here in the US, we expect to pay between $60 and $100 per hour for a punch machine. A brake runs a little less. But, if it's on a fully automated punch, we might expect to pay $300 per hour.
  
  Find a machine shop, or two, nearby and take them a big box of creme-filled doughnuts and tell them what you want to know. They'll probably give you a clue to the local rate.

  
  i little confused in to split up these cost?
• 

  gohm

  You simply take the sum of all your costs(annual if calculating that, lifetime if calculating that) and divide by with hours of operation (eg 8hrs a day x 5 days a week x 52 weeks) will give you machine hour rate annually. If lifetime hours you can figure that out via manufacture spec to compute life cycle costing.
  
  
  BigOhm is refering to labor rates for repair/service. This is one of the costs to factor in calculating machine hour rates.
  
  

  mech.sasikumar

  ok.. but how do we apply purchase cost of machine in calculating the machine hour rate, because i dont know for how many hours ( life time of the machine) i am going to use that machine? do you having any formula for calculating machine hour rate?.😒

• 

  mech.sasikumar

  ok friend thank you for your feed back