Glo-Mold Cost Analysis

Cost Analysis (Per month) The financial analysis below was excerpted from a survey conducted by Rubber & Plastic News and published in February 1982. The dollar numbers have not been up-dated. The “Schedule” column reflects the various questions included in the survey. The (“Industry Standard” is the averaged costs of the respondents to the survey.) The column headed “Your Cost” is blank. Simply fill in the dollars that apply to your operation and your cost per mold cleaning will appear on the bottom line.

Schedule	Industry Standard	Cost of:	Your Cost
1	$160.00	Dep. Mold Cleaning Equipment	$
2	$1,000.00	Supplies & Maintenance of Equipment	$
3	$1,198.37	Man Hours Spent in Mold Cleaning	$
4	$717.57	Man Hrs. Benefit Package (60% of 3)	$
5	$82.00	Cost of Extra Molds (Dep.—50% Only)	$
6	$748.87	Mold Repairs	$
7	$218.25	Man Hrs. for “Touch-Up” Cleaning	$
8	$130.95	Man Hrs. Benefit Package (60% of 7)	$
9	$1,826.50	Loss of Productivity Due to 7 & 8 (50% Only)	$
10	$2,730.55	Loss of Productivity Due to Press Downtime (50% Only)	$
11	$197.00	Man Hrs. Spent in Preparing Molds for Storage	$
12	$118.20	Man Hrs. Benefit Package (60% of 11)	$
13	$234.00	Man Hrs. Spent in Returning Molds to Production	$
14	$140.00	Man Hrs. Benefit Package (60% of 13)	$
15	$5,780.00	Rejects Due to Dirty Molds	$
16	$240.24	Management Man Hrs. for Mold Scheduling	$
	$15,522.50	Total	$
÷	83	Average Number of Monthly Cleanings
=	$187.01	Average Cost of Cleaning a Mold	$