Manufacturing Cost Estimating
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Published:1997
Abstract
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 three methods of cost estimation, namely, parametric methods, empirical methods, and complexity theory, with examples. It concludes with recommendations for cost estimation.
David P. Hoult, C. Lawrence Meador, Manufacturing Cost Estimating, Materials Selection and Design, Vol 20, ASM Handbook, Edited By George E. Dieter, ASM International, 1997, p 716–722, https://doi.org/10.31399/asm.hb.v20.a0002483
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