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Factors Considered For The Tooling Decision On Derive The Process Parameter

This document contains instructions for developing documents related to process planning and cost estimation in manufacturing industries. It includes tasks like: 1) Constructing a breakeven analysis and calculating the selling price to reach a target breakeven point. 2) Developing allowances in cost estimation and justifying various cost components. 3) Estimating procedures and costs for job work in welding and foundry shops. 4) Calculating material weights, costs, and profit from production data for various components.

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Mithun Raj
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0% found this document useful (0 votes)
157 views2 pages

Factors Considered For The Tooling Decision On Derive The Process Parameter

This document contains instructions for developing documents related to process planning and cost estimation in manufacturing industries. It includes tasks like: 1) Constructing a breakeven analysis and calculating the selling price to reach a target breakeven point. 2) Developing allowances in cost estimation and justifying various cost components. 3) Estimating procedures and costs for job work in welding and foundry shops. 4) Calculating material weights, costs, and profit from production data for various components.

Uploaded by

Mithun Raj
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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IMPORTANT

1. List out the factors considered for the tooling decision on derive the Process
Parameter
2. Summarize major influences on the cost of materials for manufacture
3. Illustrate briefly the characteristics of realistic estimates in Industry.
4. Select the application of direct material with an example.
5. List out the losses in Forging Process
6. Give Examples of Indirect Cost?
7. What is meant by therbligs?
8. Name four quality assessment tools.
9. What is meant by job costing?
10. List the various sections that will be normally found
in a foundry shop.
PART-B &C
Develop the documents required for Process Planning in Industry
1. Construct the breakeven point from the following details and also, What will be the selling price per unit if
breakeven point to be brought to 9000 units: Variable Cost per unit - Rs 750; Fixed Cost – Rs27,00,000 ;Selling
Develop and explain the various allowances in Cost estimation with justification.
Construct and describe the various components of Job estimate applied Industry
Develop and explain with an example to estimate the procedures of Welding shop
Develop and explain with an example to estimate the procedures of Foundry shop
Construct the following data manufacturer Value of stock material as on 31.03.2011 -Rs 26,000 Depreciation of
plant & machinery- Rs 8,000, Depreciation of office equipments- Rs 2,000 Rent, taxes and Insurance of factory
-Rs 16,000 General administrative expense -Rs 3,400 Water, power and telephone bills of factory -Rs 9.600
Water and telephone bills of office- Rs 2,500, Material transportation in factory -Rs 2,000 Rent of office building
- Rs 2,000, Direct expenses - Rs 5,000, Commission and pay of salesman- Rs 10,500 Material purchase - Rs
2,74,000 ,Repair and maintenance of plant- Rs 1,000 Works manager salary- Rs 30,000, Salary of office staff
-Rs 60,000Value of stocks of material as on 31.03.2011- Rs 36,000, Sale of products -Rs 6,36,000 , Find the
prime cost, works/factory cost, production cost , total cost and profit
(i) Construct and estimate an isometric view of a work piece is shown in figure. What will be the weight
of the material required to produce it. The density of material is 2.681 gm/cc. Find also the material cost

If its rate is Rs.13.60 per kg. All Dimensions are in mm.


(ii) Construct and estimate the gross weight of the steel component shown in figure is to be drop forged in close
Impression dies. The various losses account for 26 % of net weight.Take density as 7.7gm/cc.
Construct breakeven chart and Explain the context of business processing
Identify the approaches of process planning and Manual Process planning
Identify the step by step procedure for estimating the direct materials cost
Identify the costing, cost estimating and cost accounting in Industries

Develop from the given data as follows 150 components, In the Figure are to be made by upsetting a 20 mm bar
Estimate the net weight, gross weight and length of f 20 mm bar required. The density of material may be taken
as 7.86 gm/cc.

Develop the Estimation of the cost following. A cast iron component is to be manufactured as per following.
Estimate the selling price per piece from the following data : Density of material = 7.2 gm/cc, Cost of molten
metal at cupola spout = Rs.20 per kg, Scrap return value = Rs. 6 per kg, Administrative overheads = Rs. 30 per hr
Sales overheads = 20 percent of factory cost, Profit = 20 percent of factory cost
Construct and Estimate the weight of the C.I used in manufacturing step pulley as shown in the below figure
Density of C.I as 7.2 gm/cc determine cost of the material if the rate is Rs.20/kg

Construct and Estimate the weight of material required for manufacturing 220 pieces of shaft as shown in
the figure 4. The shafts are made of mild steel which weighs 7.87 gm/cm3 and costs Rs.4.25 per Kg.
Also calculate the material cost for 220 such shafts. All dimensions are in mm

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