This practical reference/text provides a thorough overview of cost estimating as applied to various manufacturing industries, with special emphasis on metal manufacturing concerns. It presents examples and study problems illustrating potential applications and the techniques involved in estimating costs.;Containing both US and metric units for easy conversion of world-wide manufacturing data, Estimating and Costing for the Metal Manufacturing Industries: outlines professional societies and publications dealing with cost estimating and cost analysis; details the four basic metalworking processes - machining, casting, forming, and joining; reveals five techniques for capital cost estimating, including the new AACE International's Recommended Practice 16R-90 and the new knowledge and experience method; discusses the effect of scrap rates and operation costs upon unit costs; offers four formula methods for conceptual cost estimating and examines material-design-cost relationships; describes cost indexes, cost capacity factors, multiple-improvement curves, and facility cost estimation techniques; offers a generalized metal cutting economics model for comparison with traditional economic models; and more.;Estimating and Costing for the Metal Manufacturing Industries serves as an on-the-job, single-source reference for cost, manufacturing, and industrial engineers and as a text for upper-level undergraduate, graduate, and postgraduate students in cost estimating, engineering economics, and production operations courses.;A Solutions manual to the end-of-chapter problems is available free of charge to instructors only. Requests for the manual must be made on official school stationery.
Table of Contents
Cost estimation; costing; analysis of overhead expenses; break-even analysis; depreciation, taxes, cash flow, and time value of money considerations; costing for materials with design considerations; conceptual cost estimating techniques; basic costing for machining processes; basic costing for welding processes; basic costing for casting processes; basic costing for forging processes; cost indexes, cost capacity factors, and improvement curves; facility capital cost estimation and the estimation of operating costs. Appendix: a generalized metal cutting economics model for single-pass cutting in turning, drilling, shaping, and milling operations.
". . .useful to many practitioners as well as to students of manufacturing engineering. "
---The Engineering Economist