OEE & Factory Performance worked example

Smart Sensor Cost per Asset with assets to instrument of 2,500 units: a worked example

This scenario runs the smart sensor cost per asset calculation on the strong side: assets to instrument of 2,500 units, with every other input held at its documented default. Use it when smart sensor cost per asset in oee and factory performance is being quoted and you need a number you can defend on a phone call.

The inputs for this scenario

  • Assets to instrument: 2,500 units (raised for this scenario; the documented default is 1,000)
  • Sensor hardware cost per asset: 12 $ / unit (unchanged)
  • Installation and commissioning labor: 1,800 $ (unchanged)
  • Gateway, network and software overhead: 600 $ (unchanged)

Working through the calculation

  • Applying the documented formula (Total cost = quantity × variable cost + labor/setup + burden) to the inputs above produces each figure below.
  • At this operating point the engine returns 32,400 $ for total smart sensor cost per asset cost, the number this scenario is built around.
  • At this operating point the engine returns 12.96 $ / piece for cost per unit.
  • At this operating point the engine returns 30,000 $ for variable smart sensor cost per asset cost.
  • At this operating point the engine returns 2,400 $ for fixed smart sensor cost per asset adders.

How this compares with the baseline

  • Against the tool's baseline example, where assets to instrument sits at 1,000 units and the headline result is 14,400 $, this scenario comes in 125% above the baseline at 32,400 $.
  • Use it when scoping a predictive-maintenance or condition-monitoring project and you need a capital estimate before vendor quotes are finalized. Treat this as a target state: the delta against the baseline quantifies what the improvement is worth before you commit to chasing it.

Results at a glance

  • Total smart sensor cost per asset cost: 32,400 $ (headline result)
  • Cost per unit: 12.96 $ / piece
  • Variable smart sensor cost per asset cost: 30,000 $
  • Fixed smart sensor cost per asset adders: 2,400 $

Run it with your numbers

  • Every input above is editable in the live Smart Sensor Cost per Asset calculator, which recalculates instantly and can be shared with the inputs intact.

Last reviewed 2026-05-12.