MIE Solutions Blog

Introduction To Shop Rates

By Dave Ferguson | Jul 21, 2009 | 0 Comments

Labor used to produce products and services purchased by customers. These man-hours are directly attributable to customer activity. Lab A few years ago before computers, excel spreadsheets and calculators most organization used a standard shop rate for any labor that was occuring during a process.   Now that computers can easily calculate figures organizations have…

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Calculating Cycle Time with Estimating Software

By Dave Ferguson | Jul 16, 2009 | 0 Comments

Calculating the entire operation costs depends on both setup and cycle time.   In order accurately estimate your costs to complete a job you must be as accurate as possible during the estimating process.   If you spend too much time estimating you will be burning a lot of cycles which costs money.   If…

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Price Quote Software Handles Inspection

By Dave Ferguson | Jul 11, 2009 | 0 Comments

Job shop estimating is not the most complex job in the job shop, but it does have a lot of little details which should be dealt with during the estimating process.   Inspection is a category of the cycle time which is not normally considered during the quoting process.    I mentioned earlier that the…

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How To Estimate Handling Time

By Dave Ferguson | Jul 7, 2009 | 0 Comments

Shop estimating is pretty complex and shop estimating software needs to be handle all types of scenarios.    One of those situations is handling time calculations.   Handling time is defined as the time it takes during the cycle time phase of production to move the material in place to begin a step and the time…

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Manufacturing Estimating Cycle Time

By Dave Ferguson | Jun 29, 2009 | 0 Comments

Estimating labor is a critical job to accurately cost a part. Cycle time includes both handling time and run time.

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Quoting Dependencies Between Operations

By Dave Ferguson | Jun 24, 2009 | 0 Comments

When there are dependencies between operations, delays in handling, transportation, transmission or thinking time, etc. between operation steps we refer to this as lag time.

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What is Setup Time?

By Dave Ferguson | Jun 17, 2009 | 0 Comments

Discussion of the different components of setup time during a manufacturing operation.

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Estimating

By Dave Ferguson | Jun 15, 2009 | 0 Comments

Welcome to the MIE Solutions blog about Job Shop Quoting and Estimating This is the beginning of a blog for all job shop estimators to provide information and feedback about how to estimate job shop jobs in the made to order job shop environments. A little background of myself. As a child in Junior High…

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