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Cost drivers-based method for machining and assembly cost estimations in mould manufacturing

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Abstract

Dies and moulds represent an essential element in manufacturing process and significantly influence the fabrication time and cost of the products. Moreover, the market continuously asks the die manufacturers for products that have better characteristics in terms of finishing, complexity or flexibility within a reduction of the time to market and cost, so as to follow the rapid changes in the product design. Therefore, in order to give to the customer the best cost-performance solution, companies require accurate and reliable tools for die manufacturing cost estimation both for commercial purposes and for comparisons amongst different design solutions. In this context, the paper proposes a method for manufacturing cost estimation based on the definition of cost drivers. The method was implemented using a database coming from a company specialized in the production of dies for sheet forming and rubber injection and it allowed to estimate a cost estimation relationship (CER) function that is able to correlate the cost drivers with the manufacturing cost of machining and assembly phases. In particular, the method allowed to overcome the limitations related to the available data as the company's own storage criterion, unbalancing and high and non-uniform scattering that do not allow use of the variance analysis technique.

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Correspondence to Antonio Fiorentino.

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Fiorentino, A. Cost drivers-based method for machining and assembly cost estimations in mould manufacturing. Int J Adv Manuf Technol 70, 1437–1444 (2014). https://doi.org/10.1007/s00170-013-5419-6

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  • DOI: https://doi.org/10.1007/s00170-013-5419-6

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