- Joined
- May 8, 2017
- Messages
- 618
I've got a neighbor who manufactures a product and sells it world-wide. He discovered I have machine tools and approached me about making a part for his product. It's a simple part and I believe I can do all the work using my flex collets. How do I go about pricing these so I can make a bit of profit, but not price myself out of a job. He's supposed to let me have some of his stock tomorrow so I can try making a small run of parts. I had figured on taking an hourly rate and dividing it by the number of parts I can knock out in an hour for the per unit cost. Am I in the ballpark there? Oh, and this isn't a one-time offer. He needs about 150 of these parts per month, year 'round.