Scheduling

Material Cost Calculation

Material cost calculation potentially involves a lot of information.  In my previous blog I mentioned many of the data points involved in the material cost calculation including Parts Size, Blank Size, Stock Size, Safety Stock Size, and others.  One of the reasons you need the part size is raw material is usually a commodity.  The commodity is usually priced in…

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Manufacturing Costs

Manufacturing costs consist of multiple elements which arrive at the full cost.  When estimating a product to be manufactured the entire costs are distributed between the following elements. Material Costs – This includes both raw materials, which is reshaped, formed, etc to produce the item and purchased prefabricated items, like nuts, bolts, screws.  The raw…

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What is Forward and Backward Scheduling

MIE Solutions offers a made to order job shop ERP system designed for the manufacturer of goods and products.  Most accounting systems are designed for the basic AR, AP and GL side of financials where a manufacturing software product deals with the actual production of the goods and services.   MIE Trak is a full…

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Introduction To Job Shop Scheduling

Welcome to the MIE Solutions Job Shop Scheduling blog. MIE Solutions ERP system provides a comprehensive job shop scheduling software to deal with the many problems scheduling a job shop encounters. Scheduling has become a critical factor in many job shops in order to determine their capacity for more work and be able to schedule…

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