## Estimating and Costing for the Metal Manufacturing IndustriesThis 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. |

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best covers all aspects of costing and cost estimation

### Contents

Preface | 1 |

Cost Estimation | 11 |

Costing | 23 |

Analysis of Overhead Expenses | 35 |

BreakEven Analysis | 51 |

Depreciation Taxes Cash Flow and Time Value | 67 |

Costing for Materials with Design Considerations | 85 |

Conceptual Cost Estimating Techniques | 99 |

Basic Costing for Machining Processes | 115 |

### Common terms and phrases

accelerated depreciation amount Arc Welding Break-Even Analysis break-even point calculated capacity factors capital investment cash flows cleaning and finishing components concurrent engineering core cost capacity Cost Engineering cost estimating cost indexes cost items cubic inches cutting path length cutting speed determine developed diameter die casting Direct Cost direct labor cost Direct Material Cost drilling Duty Cycle Equation equipment cost evaluated Example Problem expressions factor method Factory Overhead feed rate field labor finishing and cleaning fixed cost ft/min illustrated in/ft indirect field costs investment casting Konark Labor Rate manufacturing metal cutting millimeters milling minutes molding sand Number of Units overhead costs overhead rates Parameters percent presented in Table profit ratio required return Scrap Rate decimal setup shape shielding gas steel Submerged Arc Welding taxes tion tooling costs total cost Total Direct Labor total plant cost total process capital travel speed variable cost weld metal Welding Process