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Cost Estimation For Mass Production Using Jigs and Fixture
Cost Estimation For Mass Production Using Jigs and Fixture
1. MATERIAL COST Weight = (/4) D2 L = (/4) (6210-3)2 (3010-3) (7850) = 0.710 kg Cost of 1 kg of EN1A LEADED = Rs.60 Cost of 0.710 kg Material cost = 600.710 = Rs.42.65
2. MACHINING COST
Number of components in 1 hour = 3600/150 = 25 Number of components in 8 hours = 248 = 192 Rounding off for practical reasons = 1920.85 Number of components CNC cost of working for 8 hours Cost of 1 component = 160 = Rs.2000 = 2000/160 = Rs.12.5
d. CROSS HOLE DRILLING Time for drilling = (length of drill time) / (feedR.P.M) = (2060)/(0.042500) Time for drilling Total time drilling 4 holes = 12 sec = 60 sec
Number of components in 8 hours = 608 = 480 Rounding off for practical reasons = 4800.85 Number of components Drilling machining cost per shift Cost of drilling for 1 component = 400 = Rs.800 = 800/400 = Rs.2
2. LABOUR COST Time for all operations = 120+120+150+60 = 450sec = 0.125 hour Labour cost per hour Labour cost for 1 component = Rs.60 = 600.125 = Rs.7.5
3. PRIME COST Prime cost = material cost + labour cost + machining cost = 42.62 + (4.96+2+12.5+2) + 7.5 = Rs.71.61
6. TOTAL COST Total cost = prime cost + overhead cost + selling and distribution cost = 71.61 + 14.32 + 4.29 = Rs.90.22
1. MATERIAL COST Weight = (/4) D2 L = (/4) (6210-3)2 (3010-3) (7850) = 0.710 kg Cost of 1 kg of EN1A LEADED = Rs.60 Cost of 0.710 kg Material cost = 600.710 = Rs.42.65
2. MACHINING COST
Number of components in 1 hour = 3600/150 = 25 Number of components in 8 hours = 248 = 192 Rounding off for practical reasons = 1920.85 Number of components CNC cost of working for 8 hours Cost of 1 component = 160 = Rs.2000 = 2000/160 = Rs.12.5
d. CROSS HOLE DRILLING Time for drilling = (length of drill time) / (feedR.P.M) = (2060)/(0.042500) Time for drilling Total time drilling 4 holes = 12 sec = 240 sec
= 3600/240 = 15
Number of components in 8 hours = 158 = 120 Rounding off for practical reasons = 1200.85 Number of components Drilling machining cost per shift Cost of drilling for 1 component = 100 = Rs.800 = 800/100 = Rs.8
2. LABOUR COST Time for all operations = 120+120+150+240 = 630sec = 0.175 hour Labour cost per hour Labour cost for 1 component = Rs.60 = 600.175 = Rs.10.5
3. PRIME COST Prime cost = material cost + machining cost + labour cost
6. TOTAL COST Total cost = prime cost + overhead cost + selling and distribution cost = 80.61 + 16.32 + 4.86 = Rs.101.77