Calculate Your Total Cost!
Wondering how costs all add up over the life of your product? This interactive excel worksheet walks you through exactly how to determine your Total Cost over time.
Formatted to compare two different suppliers or pricing models, the formulas and algorithms are pre-established in this worksheet to calculate:
- Total cost for the first year
- Ongoing costs after the first year
- Total cost per part purchased for the first year
- Subsequent years total cost per part purchased
Free White Paper Download:
How to Get What You Pay For: The Real, Total Cost of User Interfaces
A purchase price never tells the whole story. User interfaces, being the primary communication point between your product and your end customer, are a critical part of your product; does saving money on the front end really save money in the long run? This white paper dives into other costs to consider outside of the purchase price.
- What is Total Cost of Ownership (TCO)?
- Real world example
- Main components of TCO
“The bitterness of poor quality remains long after the sweetness of low price is forgotten.”
– Benjamin Franklin