Manufacturing Cost Estimating
This article focuses on products defined by dimensions and tolerances and fabricated by some manufacturing process. It describes the general concepts associated with cost estimation. These include domain limitation, database commonality, cost allocation, and elements of cost. The article discusses the three methods of cost estimation, namely, parametric methods, empirical methods, and complexity theory. Examples of the methods of cost estimation are presented. The article concludes with a discussion on recommendations for cost estimation.
ASM Reference Publications Catalog
The Fall / Winter 2019-2020 Catalog features more than 200 products including new and upcoming releases, popular best sellers, digital databases, and journals. Save now with set sales.