Search Results for cost calculation

This article presents a simple cost/pricing system that is reasonably accurate and could easily be recalculated if the yearly cost of any of the basic cost components change. Using the example of a commercial heat treating facility, the operational details are categorized as atmosphere processes, induction processes, aluminum processes, high-heat processes, and secondary processes. For the purpose of calculating the heat treatment processing cost per hour and the selling price for a piece of equipment, the costs are separated into direct costs, allocated costs, capitalized cost, and general and administrative costs. The article discusses the techniques involved in allocating costs to the group of equipment, and presents a description on the cost analysis of endothermic gas.

Painting is a generic term for the application of a thin organic coating to the surface of a material for decorative, protective, or functional purposes. This article provides a detailed account of the types and selection factors of paints and the various application methods, including conventional air atomized, airless, and electrostatic spray; roller coating; dip coating; flow coating; curtain coating; tumble coating; electrocoating; and powder coating. Surface preparation methods and prepaint treatments for coating systems are also discussed. The article includes information on quality control procedures, causes of paint film defects, cost calculation, and safety and environmental precautions. The composition and characteristics of organic coatings, coating system selection factors, the types of paints for structural steel, and the applications of paint on structural steel are also reviewed.

This article provides an insight into the cost estimation of painting projects for both contractors and others. The cost estimating methods include benchmarking, unit price estimating, developed pricing, market pricing, and critical path scheduling. The first step in developing an accurate estimate for an industrial painting contract is determining the scope of work. The article describes the method of calculating quantities of materials and labor, surface area takeoff, and equipment costs. It concludes by listing the forgotten costs and presenting information on coating condition assessment and determining selling cost.

This article first describes the two methods used in the 1998 U.S. corrosion cost study. In the first method, the cost was determined by summing the costs for corrosion control methods and contract services. In the second, the cost of corrosion was first determined for specific industry sectors and then extrapolated to calculate a national total corrosion cost. The article then reports the results and conclusions of the study. It concludes with information on corrosion prevention strategies.

Affordability is the key issue facing design engineers and manufacturers of composite components for current and next-generation aircraft, spacecraft, propulsion systems, and other advanced applications. This article describes the software tools available for modeling and analyzing costs associated with design and manufacturing options for advanced composites programs. It presents an example of a composite exhaust nozzle shroud where the design and manufacture options were analyzed and adjusted, based on the use of cost analysis tools. The article also lists some of the attributes found in various cost modeling software and the potential cost benefits.

This article describes the control of water chemistry in the steam cycle of a power plant for achieving corrosion control, deposition prevention, and higher cycle efficiency. It discusses the materials requirements of the components exposed to supercritical water in supercritical (SC) and ultrasupercritical (USC) power plants. These components include high-pressure steam piping and headers, superheater and reheater tubing, water wall tubing in the boiler, high-and intermediate-pressure rotors, rotating blades, and bolts in the turbine section. The article reviews the boiler alloys, used in SC and USC boilers, such as ferritic steels, austenitic steels, and nickel-base alloys. It provides information on the materials used in turbine applications such as ferritic rotor steels, turbine blade alloys, and bolting materials. The article explains various factors influencing steamside corrosion in SC power plants. It also deals with the role of overall efficiency in the USC power generation.

For forming processes, optimization goals range from tuning the process parameters while keeping geometry unchanged to finding optimal geometry for intermediate dies in a multistage forming operation. This article commences with a description on the three salient steps of optimization procedures: defining the objective function, calculating the objective function, and searching an optimum design. It concludes with an example illustrating the optimization of conical-die extrusion.

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.

This article focuses on the products defined by dimensions and tolerances, made from solid materials, and fabricated by some manufacturing process. It describes three methods of cost estimations: parametric methods, empirical methods, and the complexity theory. The article presents an example to illustrate the parametric cost estimation of aircraft. An example to illustrate the cost estimation of sheet metal and riveted parts is also provided.

Rapid prototyping (RP) techniques in the sheet-metal forming industry is developed to quickly test the form and fit of new sheet-metal products on a prototype basis as well as for production runs characterized by small lot sizes. This article provides an overview of some of the technologies used for RP and low-volume production of sheet-metal parts. It discusses low-cost tooling and flexible sheet-forming processes and reviews the various aspects of incremental sheet forming.

This article provides an overview of cost analysis in materials selection. It discusses the several categories of alternatives for cost analysis. These include rules of thumb, accounting methods, and analytical methods. The article describes the methods for evaluating materials alternatives on the basis of both direct economic costs and indirect social costs. It considers the life cycle costs of alternative body-in-white designs and life cycle analysis. The various elements of cost are introduced with a case study concerned with the manufacture, use, and disposal of the automobile body-in-white.

This article provides a discussion on the principles and terminology of engineering economy and their application to a number of generic corrosion-related problems. It describes the methods of economic analysis that lead to single measure numbers. The article explains the application of the present worth method. Some of the most common methods of depreciation are provided. The article presents the generalized equations that will simplify the solution of a large percentage of engineering economy problems. It also discusses the calculation of the present worth and service life of each material.

Integrated computational materials engineering refers to the use of computer simulations that integrate mathematical models of complex metallurgical processes with computer models used in component and process design. This article outlines an example of a computer-aided engineering tool, such as virtual aluminum castings (VAC), developed and implemented for quickly developing durable cast aluminum power train components. It describes the procedures for the model development of the VAC system. These procedures include linking the manufacturing process to microstructure, linking microstructures to mechanical properties, linking material properties to performance prediction, and model validation and integration into the engineering process. The article discusses the benefits of the VAC system in process selection, process optimization, and improving the component design criteria.

This article describes the process of materials selection in relation to the design process, such as materials selection for a new design and materials substitution for an existing design. It reviews the performance characteristics of materials using prototype tests or field tests to determine their performance under actual service conditions. The article describes the selection of a material in relation to the manufacturing process and presents the factors that influence materials selection based on costs and related aspects. These factors include metallurgical requirements, dimensions, processing, quantity, packing, marking, and loading. The article discusses how the needs for materials data evolve as a design proceeds from conceptual to detail design. It describes the methods of materials selection, namely, cost per unit property method, weighted property index method, and limits on properties method.

The key to any successful part development is the proper choice of material, process, and design matched to the part performance requirements. Understanding the true effects of time, temperature, and rate of loading on material performance can make the difference between a successful application and catastrophic failure. This article provides examples of reliable material performance indicators and common practices to avoid failure. Simple tools and techniques for predicting part mechanical performance integrated with manufacturing concerns, such as flow length and cycle time, are demonstrated. The article describes the prediction of mechanical part performance for stiffness, strength/impact, creep/stress relaxation, and fatigue.

Properly designed beam-delivery optics is essential to quality of the beam acting on the workpiece and to the economics of the manufacturing process. This article describes the design considerations of laser beam delivery optics. It also reviews the manufacturing economics and presents two case studies of typical economic environments found in laser welding applications.

This article analyzes the estimates of the cost of corrosion, made in various countries at various times. The data are extrapolated to a 2004 base and then projected to the global economy. The chronological order of the countries are the United States of America, the United Kingdom, Australia, Japan, Canada, Germany, Poland, South Africa, Czechoslovakia, Belgium, Netherlands, Sweden, Finland, the Union of Soviet Socialist Republics, Kuwait, India, and the Basque Region.

Value analysis (VA) is a team problem-solving process to improve the value of a product from the viewpoint of a user. This article presents a comparison between VA and total quality management in materials selection and design. It discusses the key attributes, concepts, and activities of the VA. The application of value engineering in U.S. government contracts and the construction industry is reviewed. The article describes the eight phases of the VA process: preparation, information, analysis, creation, synthesis, development, presentation and report, and implementation and follow-up. It presents case studies that illustrate the materials-related aspects of the VA process.

This article primarily considers the problem of sampling bulk materials, including minerals, metals, environmentally important substances, and industrial raw materials and waste products. It provides useful information on sample types, sampling plan, optimizing sampling resources, practical aspects of sampling, and how to ensure the quality of sampling.

This article reviews business cases for additive manufacturing (AM) and offers suggestions on monetizing the flexibility created by AM through a deep understanding of the most applicable cost drivers. It also reviews the common adoption drivers for AM and provides suggestions on how to take advantage of them. The AM maturity model breaks down potential additively manufactured products into five levels: preproduction, production influence, substitution, functional designs, and multifunctional. The business value of these levels is further described and evaluated with respect to the triple constraint of project management. The article then focuses on success factors for implementing AM.