Tooling, Fixtures, Dies & Mold Economics calculator
Tooling Repair Cost Calculator
Estimate repair spending from separately counted internal and outsourced repairs. Enter the internal repair average, vendor invoice total and budget for one common period.
What this calculator does
- Combine in-house repair work and outside repair invoices into a period tooling repair budget.
Formula used
- In-house repair subtotal = internal repair count × average internal repair cost
- Total repair cost = in-house repair subtotal + outside repair invoices
- Total repairs = internal repairs + outside repairs
- All-in cost per repair = total repair cost ÷ total repairs
- Budget headroom = period repair budget − total repair cost
Inputs explained
- In-House Repair Count: Completed or planned internal repairs in the selected period.
- Average In-House Repair Cost: Internal repair labor and parts divided by internal repair count.
- Outside Repair Count: Repairs covered by the separate vendor invoice total.
- Outside Repair Invoice Total: Total vendor repair charges for the same period.
- Period Repair Budget: Approved repair spending for the same internal and outside scope.
How to use the result
- Best suited to monthly repair spend Review, internal and vendor repair mix.
- Repair severity varies; an average does not price a specific new failure. Lost production and replacement tooling are excluded.
Current U.S. benchmarks
- The producer price index for plastic resins and materials stands at 280.569 (BLS, Aug 2026), up 6.6% from a year earlier. Quotes priced off last quarter's material cost miss this move.
- The U.S. has 14,378 furniture and related products establishments employing about 355,594 workers (Census County Business Patterns, 2023).
Common questions
- What if all repairs are outsourced? Set the internal count to zero and enter the outside repair count and invoice total. At least one repair is required to calculate the average.
- How do I find the internal repair average? Divide internal repair labor, parts and allocated overhead by the internal repair count for a comparable period. Exclude outside vendor invoices.
- Why enter the outside repair count? It supplies the denominator for the combined cost per repair. The outside dollar total alone cannot show how many repairs it covers.
- Are repairs and production losses combined? No. This page totals repair work and invoices. Use a separate downtime estimate for genuinely lost contribution and recovery costs.
Last reviewed 2026-10-06.