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    MIE Solutions Blog

Techniques for Cost Estimating

By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011
, By Dave Ferguson
February 08, 2011

The basic cost estimating techniques involve analyzing all factors that make up a cost estimate. The first technique I would follow is to go through the following steps, systematically, and costing each one out in detail. Once you have gone through...
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Estimating is more than Setup and Run Time Part 2

By Dave Ferguson
September 24, 2010
, By Dave Ferguson
September 24, 2010
, By Dave Ferguson
September 24, 2010
, By Dave Ferguson
September 24, 2010
, By Dave Ferguson
September 24, 2010
, By Dave Ferguson
September 24, 2010
, By Dave Ferguson
September 24, 2010
, By Dave Ferguson
September 24, 2010
, By Dave Ferguson
September 24, 2010
, By Dave Ferguson
September 24, 2010
, By Dave Ferguson
September 24, 2010
, By Dave Ferguson
September 24, 2010
, By Dave Ferguson
September 24, 2010
, By Dave Ferguson
September 24, 2010
, By Dave Ferguson
September 24, 2010
, By Dave Ferguson
September 24, 2010
, By Dave Ferguson
September 24, 2010
, By Dave Ferguson
September 24, 2010
, By Dave Ferguson
September 24, 2010
, By Dave Ferguson
September 24, 2010
, By Dave Ferguson
September 24, 2010
, By Dave Ferguson
September 24, 2010

In the not to distant past many manufacturing processes were very labor intensive.  In countries such as China and India there is still a great deal of manual labor intensive manufacturing.  I remember as a child I worked in my Father's sheet metal...
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How To : Manufacturing Hourly Rate Calculation

By Dave Ferguson
January 20, 2010
, By Dave Ferguson
January 20, 2010
, By Dave Ferguson
January 20, 2010
, By Dave Ferguson
January 20, 2010
, By Dave Ferguson
January 20, 2010
, By Dave Ferguson
January 20, 2010
, By Dave Ferguson
January 20, 2010
, By Dave Ferguson
January 20, 2010
, By Dave Ferguson
January 20, 2010
, By Dave Ferguson
January 20, 2010
, By Dave Ferguson
January 20, 2010
, By Dave Ferguson
January 20, 2010
, By Dave Ferguson
January 20, 2010
, By Dave Ferguson
January 20, 2010
, By Dave Ferguson
January 20, 2010
, By Dave Ferguson
January 20, 2010
, By Dave Ferguson
January 20, 2010
, By Dave Ferguson
January 20, 2010

Sheet metal, CNC shops, machine shops and many other job shops provide a valuable service to their customers.  For a job shop to be a profitable business, the service rate should cover the cost of doing business plus have a certain amount of...
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