Cut pricing

[Rockrunner86]

I have billed this part per my normal pricing but would like to get a idea what you all are charging.

Part is a circle 17.125 inches in Dia. with the center cut out Dia. of inner circle is 14.125 inches and a bolt hole circle of 12 7/16 holes.

Overall size of part 17.125 x 17.125

Cut Inches 118.69

Pierces 14

Material 3/16 mild steel (I supplied the material).

Thank you
Tyler

[JJsCustomDesigns]

About a year ago i cut over 100 Flanges (also known as Pancake Blinds) for a local company. the biggest being 30" and the smallest was 2". I made quite a chunk of change doing it.

i would charge between $75.00 & $100 for the part you made.

[WSS]

How many would you make at one sheet loading? Somewhere here someone posted a rate of 2.7 times the cost of the material. That often works out pretty good on 4x8 plus sheet sizes with a full nest.

Our general rate is $75 per hour and that is "supposed" to include drawing time but often does not. No one likes to pay for drawing time (about half the time the customer will supply a dwg or a dxf). This of course is plus material cost if the customer has not supplied it.

The time starts when the forklift picks up the sheet to put on the table. This makes it more attractive to customers to cut full sheets or at least many of the same part.

Art type stuff is totally different, get what the market will bear there.

WSS

[Rockrunner86]

Sorry I should of added there was 12 of these. I got a price out of the excel plasma pricing program of $43.87 each.

[jmsrbrt]

I'd do them for $60 each, 1/8" mild steel. But I should probably raise my price for just one, and come down slightly if I did multiples.

[jimcolt]

I would do 1 of these parts for $52.53, or if 10 or more were ordered they would be done for $27.63.

1. Double the price of your material. Calculate a cost per square inch for your marked up material selling price.
2. Charge for a square area around your part...this helps compensate for unusable scrap.
3. Use the same figure as your cost per square inch for the plate you are cutting to calculate the cost per inch of cut.


In this case.....My selling price for a 4 x 8 sheet of 3/16" steel is $300. Diivide that by 4608 to determine you selling price per square inch. $. .065 (6.5 cents per square inch). Since the part is 17.25" round....add enough to compensate for lost kerf.....and claculate te square inches in a 17.5 x 17.5" rectangle.....it is 306. 306 times (the selling price of 3/16" steel) .065 = $19.89

Lineal inches cut was about 119.....so 119 x .065 + = 7.74 So, material selling price and cost per inch price added together is $27.63. I have a shop rate of $1.66 per minute ($100/hr) that I add for value added work....such as drawing the part....and material handling. I can draw the aformentioned part on my software in about 60 seconds....so that is inconsequential, but hefting a 4 x 8 plate of 3/16" on the table to cut one part......I will charge for that time!

As long as I am productive in my shop....I can make between $80 and $200 / hour when the plasma is running using my formula.


Jim Colt Hypertherm

[Rockrunner86]

Thank you all for the replys, they were very helpful.

Tyler

[Dawgonhawg]

Good info here.

[mdwalker]

$ 46.58 each, 44.20 each for 10.

[jmsrbrt]

The problem I have with pricing, and I don't know an easy way around it is, when I get an order there is a certain amount of time that goes into the drawing, and you give an estimated price. Then you spend literally hours going back and forth with the customer, and they expect no increase in cost. Yet if the part was originally 24x24, and the customer reduced it to 12x12, they want a reduction in cost because you're not using the same amount of steel. I've thought about quoting a "design time" fee up front and an estimate of how long to draw the part, but I'm not sure how to approach this. Any thoughts?

[wishiwastorching]

I would do 1 of these parts for $52.53, or if 10 or more were ordered they would be done for $27.63.

1. Double the price of your material. Calculate a cost per square inch for your marked up material selling price.
2. Charge for a square area around your part...this helps compensate for unusable scrap.
3. Use the same figure as your cost per square inch for the plate you are cutting to calculate the cost per inch of cut.


In this case.....My selling price for a 4 x 8 sheet of 3/16" steel is $300. Diivide that by 4608 to determine you selling price per square inch. $. .065 (6.5 cents per square inch). Since the part is 17.25" round....add enough to compensate for lost kerf.....and claculate te square inches in a 17.5 x 17.5" rectangle.....it is 306. 306 times (the selling price of 3/16" steel) .065 = $19.89

Lineal inches cut was about 119.....so 119 x .065 + = 7.74 So, material selling price and cost per inch price added together is $27.63. I have a shop rate of $1.66 per minute ($100/hr) that I add for value added work....such as drawing the part....and material handling. I can draw the aformentioned part on my software in about 60 seconds....so that is inconsequential, but hefting a 4 x 8 plate of 3/16" on the table to cut one part......I will charge for that time!

As long as I am productive in my shop....I can make between $80 and $200 / hour when the plasma is running using my formula.


Jim Colt Hypertherm

[vmax549]

Here at the shop we do pricing a little different. It is based on Machine time + material cost + art time. I will give you the first 10min of art time as part of doing business. Anything after that is billable.

Machine time = $100/hr + $36/hr operator time( that includes setup and part cleanup time for the job so do not add that back in again to the job)

Material = Co$t +markup

Art TIme = $36/hr

I found that using CUT inches had a variable that I could not track accurately and pierces were a function of doing business. IF I cannot do a good job of using the consumable that is not the Customers fault it is MINE to bare(;-).

IF I do a layout and estimate for a job then the customer wants to downsize to save cost then I ONLY adjust the material cost to reflect the change. I already have the TIME into the other process and will not give that up from their original idea. BUT I also go over their design with them PRIOR to starting the Process to help them make SURE that it is what they want.

You have to be a little flexable but only to a point(;-) The point being is you have to pay the bills AND make a living.

Just some thoughts, (;-) TP