What Every Engineer Should Know about Manufacturing Cost Estimating PDF Download

Author: Eric M. Malstrom
Publisher: CRC Press
ISBN: 9780824715113
Category : Technology & Engineering
Languages : en
Pages : 202

View

Book Description

Author: Michael Lembersky
Publisher: SME
ISBN: 0872638758
Category : Technology & Engineering
Languages : en
Pages : 394

View

Book Description
The most effective way to generate an estimate of a new product’s cost engineering change cost, or innovation cost is through a detailed cost investigation. Analysis of the available materials and processes leads to the most economical and financial decisions. Now in its third edition, Realistic Cost Estimating for Manufacturing has been used by students and practitioners since 1968 in this endeavor. Revised and expanded, the book recognizes the extremely important role estimating is playing in today’s highly competitive global economy. Realistic Cost Estimating for Manufacturing provides a survey of the myriad manufacturing processes and practices and combines this with in-depth explanations and examples of costing methods and tools. A comprehensive, standardized approach to their application is given. Among the manufacturing processes surveyed are: machining, casting, stamping, forging, welding, plastics technology, finishing, and rapid prototyping. To develop realistic baseline estimates, an engineering or costing professional must have an in-depth understanding of costing methods and techniques. As a fundamental reference, the book provides insight into the art, science, and functions of cost estimation in a wide range of activities: product design and manufacturing, engineering change control, proposal development, make or buy studies, identifying cost reduction opportunities, component costing, reverse engineering, benchmarking, and examining alternative processes, materials, machines, and tooling. As examples, it will aid the practitioner in efforts to justify the replacement or improvement of existing technology with new creative solutions; perform a feasibility study; develop a basis for cost-oriented decision support; improve supply chain evaluation and sourcing analysis; and minimize costs. The third edition has been greatly enhanced with new chapters and material dedicated to the roles of economics and finance, cost reduction, continuous improvement, plastic parts, electronics cost estimating, costing studies, advanced manufacturing processes, and quality costs. Further, the existing chapters have been significantly expanded to include new processes and operations and examples to enhance learning. Since nontraditional technology is widely applied in manufacturing, its costing aspects are also explored. Five Appendices provide additional information on productivity based on efficiency, cost reduction, matching part features to manufacturing processes, packaging cost, and inspection and measurement costs. As with its previous editions, instructors of cost estimating courses can rely on the book to provide a solid foundation for manufacturing engineering courses and programs of study. The book is also useful for on-the-job training courses for engineers, managers, estimators, designers, and practitioners. It can be applied in seminars and workshops specifically dedicated to product or component cost reduction, alternative cost analysis, engineering change cost control, or proposal development. As in the previous editions, there are multiple equations and calculation examples, as well as end-of-chapter questions to test student’s knowledge. An instructor’s guide is also available.

Author: Chris Domanski
Publisher: CRC Press
ISBN: 1000047830
Category : Technology & Engineering
Languages : en
Pages : 123

View

Book Description
In today’s hyper-competitive, global marketplace, a manufacturing company needs a competitive edge if it is to survive and grow. That edge could be anything from superior manufacturing technology to innovative product design; from patent protection to solid, well-established customer relationships. One competitive edge available to all manufacturers, but realized by only a few, is the ability to accurately measure, control, and optimize costs throughout a product’s entire life cycle. The lack of a methodology to engineer cost optimization into every product makes attaining and maintaining profitability all that the more difficult. Cost Engineering provides a means for a manufacturer to achieve and sustain profitability by designing and manufacturing products to specific cost requirements. It incorporates a variety of proven methodologies including cost estimating, cost control, and cost optimization. Features:  Describes the components and organization of an effective cost optimization process  Provides detailed explanations of cost estimating techniques for many of the most common manufacturing processes  Explains the selection and use of appropriate cost allocation methods  Presents the fundamentals of cost-based negotiation  Includes both proper and improper executions of cost engineering principles The details presented in this book are important to design engineers, manufacturing engineers, buyers, accountants, cost estimators, cost optimization specialists, and their managers and provides CEOs, COOs, general managers, product line managers, and plant managers with guidance on improving and sustaining profitability. .

Author:
Publisher:
ISBN:
Category : Costs, Industrial
Languages : en
Pages : 148

View

Book Description

Author: Michael Lembersky
Publisher: AuthorHouse
ISBN: 1420868691
Category : Business
Languages : en
Pages : 147

View

Book Description
Modern Manufacturing Technology & Cost Estimation offers a systematic coverage of essential advanced manufacturing processes. Throughout the book authors stress practical approach to near-net-shape and non-traditional (EDM, ECM) processes. Technological developments have recently advanced along with materials, tooling and machines. This book serves as the concise resource related to: Electrophysical and electrochemical methods and principles Near-net-shape processes and applications Technological Knowledge systems developments material - process: cost relationships¿ technology-oriented published, Internet and periodical information This book enables a practitioner: efficiently perform feasibility study develop a basis for cost-oriented decision support acquire new knowledge or to refresh knowledge related to manufacturing analysis and characteristics. This on-the-job book will support cost justification studies, reduce decision time which is critical for busy professionals. Furthermore, it offers common engineering vision for the cross-functional team of manufacturing engineer, product designer, purchasing specialist, sales and marketing professionals. It is written for a practitioner who does not have time to undertake the long hours needed to research the subject The cost reduction course presented in this book can become a model for a set of training courses. Additionally, the book contains useful visual models and templates, examples and diagrams. If technologies described in this book can replace several traditional operations, consolidate product features and improve quality, that means, based on Modern Manufacturing Technology & Cost Estimation a practitioner will be able: generate more creative and cost saving ideas, concepts correctly diagnose a manufacturing problem optimize material and process selection improve mold and die manufacturing processes

Author: Kuang-Hua Chang
Publisher: Academic Press
ISBN: 0124046002
Category : Computers
Languages : en
Pages : 570

View

Book Description
This is the second part of a four part series that covers discussion of computer design tools throughout the design process. Through this book, the reader will... ...understand basic design principles and all digital design paradigms. ...understand CAD/CAE/CAM tools available for various design related tasks. ...understand how to put an integrated system together to conduct All Digital Design (ADD). ...understand industrial practices in employing ADD and tools for product development. Provides a comprehensive and thorough coverage of essential elements for product manufacturing and cost estimating using the computer aided engineering paradigm Covers CAD/CAE in virtual manufacturing, tool path generation, rapid prototyping, and cost estimating; each chapter includes both analytical methods and computer-aided design methods, reflecting the use of modern computational tools in engineering design and practice A case study and tutorial example at the end of each chapter provides hands-on practice in implementing off-the-shelf computer design tools Provides two projects at the end of the book showing the use of Pro/ENGINEER® and SolidWorks® to implement concepts discussed in the book

Author: Rodney D. Stewart
Publisher: John Wiley & Sons
ISBN: 9780471305101
Category : Business & Economics
Languages : en
Pages : 744

View

Book Description
In today's hypercompetitive global marketplace, accurate costestimating is crucial to bottom-line results. Nowhere is this moreevident than in the design and development of new products andservices. Among managing engineers responsible for developingrealistic cost estimates for new product designs, the number-onesource of information and guidance has been the Cost Estimator'sReference Manual. Comprehensive, authoritative, and practical, the Manual instructsreaders in the full range of cost estimating techniques andprocedures currently used in the fields of development, testing,manufacturing, production, construction, software, generalservices, government contracting, engineering services, scientificprojects, and proposal preparation. The authors clearly explain howto go about gathering the data essential to preparing a realisticestimate of costs and guide the reader step by step through eachprocedure. This new Second Edition incorporates a decade of progress in themethods, procedures, and strategies of cost estimating. All thematerial has been updated and five new chapters have been added toreflect the most recent information on such increasingly importanttopics as activity-based costing, software estimating,design-to-cost techniques, and cost implications of new concurrentengineering and systems engineering approaches to projects. Indispensable to virtually anyone whose work requires accurate costestimates, the Cost Estimator's Reference Manual will be especiallyvaluable to engineers, estimators, accountants, and contractors ofproducts, projects, processes, and services to both government andindustry. The essential ready-reference for the techniques, methods, andprocedures of cost estimating COST ESTIMATOR'S REFERENCE MANUAL Second Edition Indispensable for anyone who depends on accurate cost estimates forengineering projects, the Cost Estimator's Reference Manual guidesthe user through both the basic and more sophisticated aspects ofthe estimating process. Authoritative and comprehensive, the Manualseamlessly integrates the many functions--accounting, financial,statistical, and management--of modern cost estimating practice.Its broad coverage includes estimating procedures applied to suchareas as: * Production * Software * Development * General services * Testing * Government contracting * Manufacturing * Engineering * Proposal preparation * Scientific projects * Construction This updated and expanded Second Edition incorporates all the mostimportant recent developments in cost estimating, such asactivity-based costing, software estimating, design-to-costtechniques, computer-aided estimating tools, concurrentengineering, and life cycle costing. For engineers, estimators, accountants, planners, and others whoare involved in the cost aspects of projects, the Cost Estimator'sReference Manual is an invaluable information source that will payfor itself many times over.

Author: Arnold M. Ruskin
Publisher: CRC Press
ISBN: 9780824789534
Category : Technology & Engineering
Languages : en
Pages : 304

View

Book Description
Covering the roles and responsibilities of the project manager, this second edition describes requirement specifications, work breakdown structures, project control and risk management, and offers new information on motivation, matrix arrangements, and project records. Discussing the anatomy of a project planning and control and techniques, the authors describe the project manager's entire range of responsibilities from initial planning to directing personnel, controlling work, and reporting results. The appendices cover work breakdown structure paradigms, cost versus time profiles, and checklists to assess work done.

Author: Thomas A. Salomone
Publisher: Routledge
ISBN: 1351404415
Category : Technology & Engineering
Languages : en
Pages : 288

View

Book Description
This work offers a step-by-step approach to the overall concurrent engineering (CE) development process, presenting both fundamental principles and advanced concepts, while focusing on rapid product development and cost-effective designs. The book also provides an introduction to Cost Driven Design, with specific examples on how to minimize expenses by understanding the basis of product costs. The process of concurrent engineering is explained from initial planning to production start-up.

Author: William S. Bennett
Publisher: CRC Press
ISBN: 1000715604
Category : Computers
Languages : en
Pages : 270

View

Book Description
Revised and expanded guide demonstrates microcomputer usage by working through one simple design challenge and explaining its solution. This edition features the contributions of an Ada expert, demonstrates (in 14 new chapters) the development of a microcomputer system structured by this language.