Return on Investment (ROI)
Use this Calculator to plan your automation project's success.
Estimated Equipment Cost *
Total Cost of equipment or project, remember to include:
  • Shipping/Delivery
  • Equipment
  • Installation
  • Startup/Debug
  • Everything required to get machine into production
Annual Benefit *
How much will this equipment allow you to save/make per year? Be sure to include:
  • Labor Savings
  • Maintenance Savings
  • Reduced Scrap Rate
  • Increased Volume
  • Higher Quality
Number of Years in Production *
How long will the automation produce your annual automation benefit?
Annual Minimum Interest Rate *
If your company has a required rate of return on projects, enter it here. This is also referred to as a hurdle rate. This rate ranges from 8-15% for most companies.
Net Present Value (NPV) *
This compares your initial investment to future benefits in today's dollars. If it's a negative number that means the initial investment is not justified by the future benefits. If you want to keep your job, come up with better numbers.
Payback, in years *
How long it takes in annual benefits to return the estimated equipment cost.
Internal Rate of Return (IRR) *
Interest rate where annual benefits are equal to estimated equipment cost in today's dollars.
For more project specific information call us at 801.621.4117 or fill out our contact form.