Free tool
Downtime cost calculator
Put a number on the failure so the repair decision is a business decision, not a guess.
Your numbers
What the equipment normally earns or produces per hour
How long the machine will be out of service
Stock, batch or ingredient loss caused by the failure
Overtime, emergency cover, temporary hires
Delivery penalties, refunds, lost bookings
Used to estimate lost profit rather than lost revenue
Inputs not consumed, energy not used