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    Cost Estimation

    Uploaded by

    nath81
    The document provides information to calculate the cost of welding different thickness plates. It gives the weight of welding rod required per meter based on the plate thickness. It also lists the costs of labor, welding machine usage, electricity and total cost per meter of welding 10mm thick plates. Further down it provides an example cost calculation for manufacturing a heavy component, including costs of raw materials, fabrication, heat treatment, fixtures, inspection and indirect expenses to arrive at a total manufacturing cost.

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    Cost Estimation

    Uploaded by

    nath81
    128 views6 pages
    The document provides information to calculate the cost of welding different thickness plates. It gives the weight of welding rod required per meter based on the plate thickness. It also lists the costs of labor, welding machine usage, electricity and total cost per meter of welding 10mm thick plates. Further down it provides an example cost calculation for manufacturing a heavy component, including costs of raw materials, fabrication, heat treatment, fixtures, inspection and indirect expenses to arrive at a total manufacturing cost.

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    cost-estimation

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    The document provides information to calculate the cost of welding different thickness plates. It gives the weight of welding rod required per meter based on the plate thickness. It also lists the costs of labor, welding machine usage, electricity and total cost per meter of welding 10mm thick plates. Further down it provides an example cost calculation for manufacturing a heavy component, including costs of raw materials, fabrication, heat treatment, fixtures, inspection and indirect expenses to arrive at a total manufacturing cost.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    128 views6 pages

    Cost Estimation

    Uploaded by

    nath81
    The document provides information to calculate the cost of welding different thickness plates. It gives the weight of welding rod required per meter based on the plate thickness. It also lists the costs of labor, welding machine usage, electricity and total cost per meter of welding 10mm thick plates. Further down it provides an example cost calculation for manufacturing a heavy component, including costs of raw materials, fabrication, heat treatment, fixtures, inspection and indirect expenses to arrive at a total manufacturing cost.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 6

    M.S. welding rod cost from internet 100 Rs.

    /kg
    approx. cost indiamart
    S.S. welding rod cost from internet 300 Rs./kg

    Calculate volume of weld then wt of welding and then multiply wt of weld by welding rod wt.

    Length of welding in m

    Wt. of welding rod for 10 mm plate thk. = 1 kg/m x from internet

    thk of plate y

    for other thk. Of plates SQR(y/x) kg/m k

    Multiply above value by length of welding in meter, k.m kg of welding rod required

    Example

    Welding Deposit rate 5 kg/Hr from internet

    Time reqd. for welding 1 m 0.2 Hr

    Labour cost per hour 125 Rs/Hr assumed Rs. 20000 / month 160 hrs/m

    Labour cost for 1 m L welding 25 Rs. 1)

    Welding Rod cost per meter 100 Rs. 2)

    Cost of machine 25000 Rs.

    Provision reqd after 15 yrs 50000 Rs.

    Cost of machine to recover per year 3333

    cost of machine recover per hour 1.39 3) assuming 300 d x 8 hr use of machine

    Cost of electricity 10 Rs/unit x 10 kWh 100 Rs/hr

    Cost of elec. Per meter 20 Rs. 4)

    Total cost per meter for 10 mm thk. 146 Rs. Say 150 Rs./m
    ing rod required

    Rs. 20000 / month 160 hrs/mnth

    300 d x 8 hr use of machine


    Weight of Finished Component 6000 kg
    Weight of Raw Material 6500 kg 500 Kg extra raw material

    Material SA 516/IS 2062 Rate 75 per kg


    Jig & Fixtures ms Rate 50 per kg
    Heat Treatment Rate 500 per kg

    Direct cost

    Raw Material Cost (MOQ 3 times reqd matl) 975000


    Fabrication
    Cost/Hr No. of Total cost
    Hours
    Cutting of Plates 300 120 36000
    Shell Rolling 500 120 60000 5 days
    Welding of Shell, Top Bottom Flange,Ribs 300 240 72000 10 days
    DP Test, Welding Inspection etc. 100000
    Machinning of Top Flange (Lathe) 1300 240 312000
    Machinning of Bottom Flange (Lathe) 1300 120 156000
    Drilling 1300 240 312000 10 days
    Total 1048000

    Cost of Heat Treatment 600000 R x 0.2 x wt (heat treatment part are less)
    Jigs & Fixtures Mat. Cost 90000 2 times wt of comp. assumed
    Jigs & Fixtures Fab. Cost 500 120 60000
    Inspection 104800 10 % fab. + machinning
    Sub-Total 2877800
    Prime Cost 2877800

    Indirect Expenses
    Administrative cost 28778 1 % of Prime cost
    Site Support 0 1 % of Prime cost
    Warrenty 287780 10% of prime cost per year
    Insurance 86334 3 % of Prime Cost
    402892
    Indirect Expenses 402892

    Manufacturing Cost (direct + Indirect Exp.) 3280692


    Profit (10 %) 328069.2

    Total Cost 3608761.2


    36 Lakhs
    nt part are less)

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