Posts Tagged ‘job cost estimating software’

Estimating For Paint Lines (Part 2 of 2)

As technology has improved over the years, paint lines have become more commonplace throughout job shops. The ability to estimate how much a part costs is now more complicated due to the batch process and automation of paint lines. This entry will show you a sample formula for estimating “time per part”. Variables FeetPerMinute VerticalParts…

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Estimating For Paint Lines (Part 1 of 2)

What is a paint line? Paint lines comprise equipment that cleans, dips, sprays paint, and ovens to dry the parts. Paint lines are very capital-intensive and often take up hundreds to thousands of square feet of space. They can be both wet paint or powder coat systems.     Why do we need a formula…

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Estimating Shearing (Sheet Metal Cutting)

The basic definition of shearing is cutting metal into smaller pieces.  If we define shearing as cutting material then not only a shear can do this process but metal scissors, lasers, punch presses, etc can also do the same function.  The shearing that is discussed hear is a machine which cuts metal with a blade.…

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Classification Of Costs – Fixed and Variable Costs

There are many facets of costing and breaking costing into these four categories helps in understanding Fixed and Variable Costs Direct and Indirect Costs Costs are generally classified as to whether or not they vary with the quantity of parts being manufactured.  Many times this can be described as a Setup Cost because it does…

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Engineering Costs

Engineering costs for many years have basically been included in the standard burden rate of the shop.  There are many situations now in this world where manufacturing is very competitive and technical that the standard burden rate of the shop cannot include all the costs associated with the engineering costs. Direct Engineering Costs Direct engineering…

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Engineer To Order Material Costs

Now that we have been investigating many of the details of material costs in quotations, we will now take a look at the mathematical calculations required. Engineer To Order Material Costs Step 1)  Determine the quantity of parts required.   This is the number of parts required to make the end product.  In many situations…

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Material In Cost Estimates Weight Calculation

Material costs in job estimates can come in a variety of ways.   When you are estimating the cost to manufacture a product and the product is made out of either plate material, sheets, tubing, etc there are a few calculation methods that may be required. Here is a list of 7 calculation methods which…

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Material Weight

Material Weight In order to estimate the cost of material it is essential that you know the weight of different material gauges and types of material.   Below you will find a list of some common weights dealing with the metal industry and metal fabrication.  One of the key factors is knowing the weight factor…

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Material Estimating

Material estimating can be simple to complex depending on the particular job you are estimating.   Raw material is a commodity which could include metal sheets, wood, bars, plastic, plates, block of metal, etc.  These items are purchased from a supplier and are usually priced at a per unit weight price. A few examples 1.…

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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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