Fixture, Gauge & Workholding Management worked example

Fixture Inventory Accuracy at 99% target fixture inventory accuracy: a worked example

Push target fixture inventory accuracy up to 99% and the picture changes. This example computes every intermediate figure at that operating point. Use it when auditing toolroom records, barcode systems, crib locations, obsolete tooling, missing fixtures, or incorrect storage status.

The inputs for this scenario

  • Correctly recorded fixtures: 286 fixtures (unchanged)
  • Fixtures audited: 310 fixtures (unchanged)
  • Target fixture inventory accuracy: 99 % (raised for this scenario; the documented default is 98)

Working through the calculation

  • Applying the documented formula (Fixture Inventory Accuracy rate = correctly recorded fixtures ÷ fixtures audited × 100) to the inputs above produces each figure below.
  • At this operating point the engine returns 92.26 % for fixture inventory accuracy rate, the number this scenario is built around.
  • At this operating point the engine returns 6.74 points for fixture inventory accuracy gap to target.
  • At this operating point the engine returns 286 fixtures for correctly recorded fixtures.
  • At this operating point the engine returns 310 fixtures for fixtures audited.

How this compares with the baseline

  • Against the tool's baseline example, where target fixture inventory accuracy sits at 98% and the headline result is 92.26 %, this scenario lands almost exactly on the baseline at 92.26 %.
  • It divides correctly recorded fixtures by fixtures audited and multiplies by 100 to get an accuracy rate, then reports the point gap between that rate and your target. The value of this scenario is the size of the gap it exposes: that gap, priced out over a year, is the budget you can justify spending to close it.

Results at a glance

  • Fixture Inventory Accuracy rate: 92.26 % (headline result)
  • Fixture Inventory Accuracy gap to target: 6.74 points
  • Correctly recorded fixtures: 286 fixtures
  • Fixtures audited: 310 fixtures

Run it with your numbers

  • Every input above is editable in the live Fixture Inventory Accuracy calculator, which recalculates instantly and can be shared with the inputs intact.

Last reviewed 2026-05-12.