Calculate Your Savings Using DME LT-Series LifeTime Locks!

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Input Data
# of molds with locks (units): (input example: 10)	# of locks per mold (units): (input example: 4)	# of unplanned downtime per mold (events): (input example: 5)	Time required to replace damaged locks per mold (mins): (input example: 120)
# of	# of	# of
Repair labor rate per hour ($/hr): (input example: 65)	Cost of current lock (per unit): (input example: 190)	Cost for DME LT-Series LifeTime Lock (per unit): (input example: 350)	Avg days per year a mold is running: (input example: 252)
$/hr	$	$
Avg hours per day a mold is running: (input example: 16)	Avg # of cavities per mold: (input example: 4)	Avg cycle time (secs): (input example: 60)	Avg plastic part cost ($): (input example: 1.05)
	Avg #	Avg	Avg $
Estimated scrap savings per year: (input example: 1%)	Avg press billable rate ($/hr): (input example: 100)

Calculated Savings
Investment: added cost to upgrade to the DME LifeTime Locks in all molds:	Total hours per year to repair molds:	Labor cost per year to repair molds:

Part cost per year to repair molds:	Maintenance & repair savings per year for all molds:	Annual lost production (hrs):

Annual lost production (units):	Downtime savings per year for all molds:	Scrap savings per year for all molds:

Calculated 1st year savings:	Payback months: