Process Planning And The Cost Estimation 1st Edition by Adithan 8122426557 9788122426557

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Product details:

ISBN 10: 8122426557 

ISBN 13: 9788122426557

Author: M. Adithan

The main objective of this book is to introduce the subject ”Process Planning and Cost Estimation” in an integrated manner to the students of Mechanical Engineering and Production Engineering classes. Process Planning, Cost Estimation and Costing are the critical factors for the continued success of manufacturing enterprises. The world is an international market place. For a manufacturing company to be competitive in the international market place, process planning must be logical, rational, economical and costs of products, sub-assemblies and components must be accurately estimated, in order to secure business; its costing must also be accurate, to correctly determine the profitability of the various products manufactured. Our engineering students are required to learn these concepts in the early stages of their professional career so that they become aware of the cost implications of any decision: engineering, technology or management, they take. It is essential that Mechanical Engineers and Production Engineers play a leading role in the determination of cost estimates and that they work with professional Cost Accountants to obtain realistic cost estimates. This book is an attempt towards this direction. A special feature of this textbook is that it contains information on conceptual cost estimating and other modern methods of cost estimating. Numerous Examples/Problems, Evaluative Questions and Model Question Papers are added features of this book. Contents: Work Study and Ergonomics Process Planning Introduction to Cost Estimation Cost Estimation Production Cost Estimation

Table of contents:

Chapter 1 Work Study and Ergonomics
Method Study
Definition of Work Study
Objectives of Work Study
Objectives of Method Study
Basic Procedure for Method Study
Recording Techniques Used in Method Study
Work Measurements
Objectives of Work Measurement
Work Sampling
Analytical Estimating
Synthesis
Pre-determined Motion Time System (PMTS)
Ergonomics
Ergonomics Principles Applied to Instrument Design and Control
Ergonomics Principles Applied to Machines and Controls
Ergonomics Principles Applied to the Layout of a Workplace
Evaluative Questions (Method Study)
Evaluative Questions (Work Measurements)
Evaluative Questions (Ergonomics)

Chapter 2 Process Planning
Product Design
Manufacturing Planning
Process Design
Basic Factors Affecting Process Design
Types Of Production
Job, Batch and Mass Production
Job Production
Batch Production
Mass Production
Specialization, Simplification and Standardization
Specialization
Simplification
Standardization
Process Planning
Steps Involved (Procedure) in Process Planning
Bill of Materials (BOM)
Process Planning Sheet
Uses of Process Sheet
Routing
Route Sheet
Calculation of Man-Hours and Machine-Hours
Use of Computers in Process Planning and Cost Estimation
Computer Aided Process Planning (CAPP)
Approaches to process planning
Variant or Retrieval Method of Process Planning
Generative Method of Process Planning
Benefits of CAPP
Practices of Process Planning
Process Selection
Process Planning Activities:
Machine Selection
Factors Influencing Process Selection
Process Selection Parameters
Material Selection
Material Selection parameters
Set of Documents Required for Process Planning
Developing Manufacturing Logic and Knowledge:
Steps in Process Planning
Selection of Cost Optimal Process
Break Even Point
Break-Even Point, Break-Even Chart and Break-Even Analysis
Evaluative Questions in Process Planning
Evaluative Questions in Break-Even Point and Break-Even Chart

Chapter 3 Introduction to Cost Estimation
Cost Estimating
Cost Accounting
Objectives of Cost Estimation
Components of a Cost Estimate or Job Estimate
Cost Estimation Procedure
Classification of Costing
Elements of Cost
Cost of Product (Ladder of Costs)
Evaluative Questions in Cost Estimation

Chapter 4 Cost Estimation
Types of Cost Estimates
Methods of Cost Estimates
Data requirements and sources of information for cost estimation
Allowances in Estimation
Evaluative Questions in Cost Estimation

Chapter 5 Production Cost Estimation
Estimation of material cost, labour cost and overhead
Cost Estimation in Foundry Shop
Cost Estimation in Welding Shop

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Tags: Adithan, Process, Planning, Estimation