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Calculate savings & pay-back for production automation

The below form will help you to calculate the annual savings and pay-back period for an investment in production automation.

Data Entry:
Labor cost   / hour
Eliminated labor positions  
Working hours per annum  
Necessary investment
Optional data entry for advanced calculation:
Minimum Return On Investment   %
Amortization period   years

Results :
Annual savings
Pay-back period   years
ROI at requested amortization period   %
Maximum investment at minimum ROI