Posts tagged with: machine shops

Common Cutting Tools Used in Machine Shops

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By on August 6, 2019

Do you work in the machine tool industry? What kind of tools do you use on a daily basis? There are a lot of industry-specific terms and tools that it can seem daunting to be familiar with all the necessary tools and their functions. That’s why in this blog we wanted to lay out for […]

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What You Need to Know about Cost Per Part

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By on July 23, 2019

Knowing your cost per part is critical to ensuring your machine shop is operating efficiently. But how do you calculate this? Here is a simple equation to calculate cost per part: Total fixed costs + Total variable costs ÷ Total units produced Fixed costs include things like building rent, insurance for employees, and other overhead […]

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