The document performs a cost analysis of a Bushing Embedder machine by comparing vendors for various components, placing them in a spreadsheet table with costs, and creating a chart to compare costs. The results show the approximate individual costs for each assembly item in a table. Several custom parts were needed due to initial design oversight and bulk parts were bought in full packages rather than deducting the needed quantity from the pack. The overall cost of the design was successfully determined.
The document performs a cost analysis of a Bushing Embedder machine by comparing vendors for various components, placing them in a spreadsheet table with costs, and creating a chart to compare costs. The results show the approximate individual costs for each assembly item in a table. Several custom parts were needed due to initial design oversight and bulk parts were bought in full packages rather than deducting the needed quantity from the pack. The overall cost of the design was successfully determined.
The document performs a cost analysis of a Bushing Embedder machine by comparing vendors for various components, placing them in a spreadsheet table with costs, and creating a chart to compare costs. The results show the approximate individual costs for each assembly item in a table. Several custom parts were needed due to initial design oversight and bulk parts were bought in full packages rather than deducting the needed quantity from the pack. The overall cost of the design was successfully determined.
Vision: Perform cost analysis of Bushing Embedder Machine. Purpose: The purpose of this document is to discuss how the cost of the Bushing Embedder was determined and show results of the analysis.
Figure 1. Solidworks Model of Bushing Embedder.
Method: Several vendors were compared and placed in a spreadsheet for the various items. APA style format was adapted to the table and a chart comparing the cost of items was created. Results: The following results demonstrate the approximate cost for each item in the assembly. The spreadsheet would not allow for the gridlines to be removed, so a screenshot was created. Table 1. Cost Analysis. Figure 2. Cost Comparison of Items. Discussion: Several parts had to be custom made because certain decisions were overlooked in the initial design and sketches. Parts that were bulk were bought by package and needed quantity was not deducted from the overall pack. Conclusion: The overall cost of the design was determined successfully.