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3D Printer – Buy vs Outsource Calculator

Understanding whether to buy a 3D printer or outsource production is crucial as it can significantly impact your budget and project timelines. The cal…

Inputs

Total buying cost

If you want to consider electrical consumption of each printer, please hit the advanced mode button.

Please enter your own price if you have a discount 😊

For each of the suggested materials, we use an average price and density. You can set your own values if you want.

This is computer software used in the 3D printing process for converting a 3D model to specific instructions for the printer.

Safety glasses, safety gloves, etc.

It is an extra 3D printer module that makes the cooling process more controlled.

For detailed electrical cost calculation, please check the advanced mode of this calculator.

Total outsourcing service cost

3D modeling cost includes hiring a designer or buying a ready-to-print model from the web.

This is the price you would pay per model in case you will outsource the 3D printing services.

The overall cost of outsourcing the production of your 3D models.

Results

  • Thermoplastics used in FDM 3D printing are not that heavy. Please check again.
Total buying cost172.17 USD
Total electrical cost
0 USD

How to use the 3D Printer – Buy vs Outsource Calculator

  1. Fill in the values you know. Fields already contain typical example values that you can overwrite.
  2. Pick the unit for each measurement with the selector beside the field; changing a unit converts the number for you.
  3. Leave blank the value you want to find, or simply read the results panel, which updates as soon as there is enough information.
  4. A value the calculator worked out is shaded in its field. Type over it to switch which quantity is calculated.

If a value is missing or does not make sense, the field shows a short message explaining what to fix.

Formulas used

This calculator is built on the following relationships between its quantities. Each one can be solved for any of the values it contains, which is why you can leave any single field empty and have it calculated from the others:

total_owner_cost = one_way(printer_price + electrical_cost + filler_price ×filler_density×model_volume×quantityowner + lic_soft + accessories+modeling_owner)

electrical_cost = ((equipment_power/1000) × time + (heated_bed/1000)×time_HB )× cost_kwh

total_renting_cost = rent_cost×quantityrenting + ship_cost +designer

total_owner_cost_comm = one_way(printer_price + electrical_cost + filler_price ×filler_density×model_volume×quantityowner + lic_soft + lc +accessories+modeling_owner)

total_outsourcing_comm=one_way(rent_cost×quantityowner + ship_cost_out +designer)

total_selling=rent_cost_comm×quantityowner + ship_cost_comm

About this calculator

Understanding whether to buy a 3D printer or outsource production is crucial as it can significantly impact your budget and project timelines. The calculator highlights not just cost but also factors like production speed, quality control, and scalability. With the right data, you can navigate the complexities of 3D printing investment with confidence.

Related tools: Build vs. Buy, Rent or Buy, 28/36 Rule.

Why use this calculator?

Common problems this calculator addresses include:

  • Cost Analysis: Determine the total cost of ownership versus outsourcing factors.
  • Time Efficiency: Analyze time savings associated with in-house production versus outsourcing.
  • Quality Assurance: Evaluate the consistency and quality of products from in-house manufacturing compared to third-party services.

Key benefits of using the calculator include:

  • Accurate financial insights to guide your purchasing decision.
  • The ability to compare scalability in production for growing businesses.
  • Enhanced understanding of operational efficiency when assessing in-house capabilities.

Interpreting your results

Once you’ve entered your values, the calculator will provide a comparison of costs between buying and outsourcing. Here’s how to interpret the results:

  • Total Cost of Ownership (TCO): This figure reflects the total expenses associated with purchasing the 3D printer over time. Compare this to the cumulative outsourcing costs over the same period.
  • Break-Even Point: Indicates when the costs of purchasing the printer will equal the accumulated outsourcing costs. A good point to note for long-term project planning.

Who uses it

The 3D Printer – Buy vs Outsource Calculator is a valuable tool utilized across various industries by professionals who seek to make informed decisions regarding 3D printing capabilities. Below are some sectors that prominently rely on this calculator:

  • Manufacturing
  • Architecture
  • Prototyping Firms
  • Educational Institutions
  • Healthcare
  • Aerospace
  • Automotive
  • Consumer Goods
  • Entrepreneurs and Startups

Tips for accurate results

While using the calculator, users often make several common mistakes that can lead to inaccurate results:

  • Inaccurate Input Values: Ensure that all figures you input are accurate and consider all costs involved. Double-check your inputs for errors.
  • Ignoring Variables: Failing to account for variables like maintenance or fluctuating material costs can skew outcomes. Always include all foreseeable costs.
  • Incomplete Scenarios: Inputting only one scenario might not provide a full picture. Explore several potential scenarios to make the best decision.

For further guidance on 3D printing investment decisions, you can refer to 3D Hubs’ comprehensive guide.

Experts who’ve extensively used the 3D Printer – Buy vs Outsource Calculator offer valuable insights to optimize its use:

Frequently asked questions

1. What is the purpose of the 3D Printer – Buy vs Outsource Calculator?

The 3D Printer – Buy vs Outsource Calculator helps businesses and individuals evaluate the cost-effectiveness of purchasing a 3D printer compared to outsourcing their 3D printing needs. By inputting specific parameters such as materials, production volume, and operational costs, users can make informed decisions regarding their investment options.

2. How do I use the 3D Printer – Buy vs Outsource Calculator?

To use the calculator, simply enter the required data such as initial investment, operational costs, outsourcing rates, and expected production volume. Click ‘calculate’ to see a breakdown of costs over time, allowing you to compare whether buying or outsourcing is more financially beneficial.

3. Who should use this calculator?

This calculator is ideal for small to medium-sized businesses, startups, designers, and hobbyists who are considering whether to invest in a personal 3D printer or utilize outsourcing services. It provides valuable insights that can enhance budgeting and financial planning decisions.

4. What factors should I consider when choosing to buy or outsource 3D printing?

When choosing between buying a printer or outsourcing, consider factors such as:

  • Initial Investment: The cost of purchasing and setting up a 3D printer.
  • Operating Costs: Maintenance, materials, and labor associated with in-house printing.
  • Production Volume: The quantity of items you need to produce regularly.
  • Quality Control: The ability to ensure consistent quality in your prints.
  • Flexibility: The ability to scale production up or down based on demand.
  • Turnaround Time: The time it takes to produce and receive printed items.

6. Where can I find more resources on 3D printing economics?

For more information on the economics of 3D printing, consider visiting authoritative sources like:

  • Additive Manufacturing Media
  • 3DPrint.com
  • 3D Printing Industry