• # MIE Solutions Blog

By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011
, By Dave Ferguson
April 03, 2011

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.
By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011
, By Dave Ferguson
March 29, 2011

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...
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...
By Dave Ferguson
August 10, 2009
, By Dave Ferguson
August 10, 2009
, By Dave Ferguson
August 10, 2009
, By Dave Ferguson
August 10, 2009
, By Dave Ferguson
August 10, 2009
, By Dave Ferguson
August 10, 2009
, By Dave Ferguson
August 10, 2009
, By Dave Ferguson
August 10, 2009
, By Dave Ferguson
August 10, 2009
, By Dave Ferguson
August 10, 2009
, By Dave Ferguson
August 10, 2009
, By Dave Ferguson
August 10, 2009
, By Dave Ferguson
August 10, 2009
, By Dave Ferguson
August 10, 2009
, By Dave Ferguson
August 10, 2009
, By Dave Ferguson
August 10, 2009
, By Dave Ferguson
August 10, 2009

Do you remember when it was time to quote and you sat down with your specifications, pencil and paper and started to write down how long each processes would take to manufacture the given specifications.   You would add up all the setup time, then...
By Dave Ferguson
July 16, 2009
, By Dave Ferguson
July 16, 2009
, By Dave Ferguson
July 16, 2009
, By Dave Ferguson
July 16, 2009
, By Dave Ferguson
July 16, 2009
, By Dave Ferguson
July 16, 2009
, By Dave Ferguson
July 16, 2009
, By Dave Ferguson
July 16, 2009
, By Dave Ferguson
July 16, 2009
, By Dave Ferguson
July 16, 2009
, By Dave Ferguson
July 16, 2009
, By Dave Ferguson
July 16, 2009
, By Dave Ferguson
July 16, 2009
, By Dave Ferguson
July 16, 2009
, By Dave Ferguson
July 16, 2009
, By Dave Ferguson
July 16, 2009
, By Dave Ferguson
July 16, 2009
, By Dave Ferguson
July 16, 2009

Calculating the entire operation costs depends on both setup and cycle time.   In order accurately estimate your costs to complete a job you must be as accurate as possible during the estimating process.   If you spend too much time estimating you...
By Dave Ferguson
July 07, 2009
, By Dave Ferguson
July 07, 2009
, By Dave Ferguson
July 07, 2009
, By Dave Ferguson
July 07, 2009
, By Dave Ferguson
July 07, 2009
, By Dave Ferguson
July 07, 2009
, By Dave Ferguson
July 07, 2009
, By Dave Ferguson
July 07, 2009
, By Dave Ferguson
July 07, 2009
, By Dave Ferguson
July 07, 2009
, By Dave Ferguson
July 07, 2009
, By Dave Ferguson
July 07, 2009
, By Dave Ferguson
July 07, 2009

Shop estimating is pretty complex and shop estimating software needs to be handle all types of scenarios.    One of those situations is handling time calculations.   Handling time is defined as the time it takes during the cycle time phase of...
By Dave Ferguson
June 29, 2009
, By Dave Ferguson
June 29, 2009
, By Dave Ferguson
June 29, 2009
, By Dave Ferguson
June 29, 2009
, By Dave Ferguson
June 29, 2009
, By Dave Ferguson
June 29, 2009
, By Dave Ferguson
June 29, 2009
, By Dave Ferguson
June 29, 2009
, By Dave Ferguson
June 29, 2009
, By Dave Ferguson
June 29, 2009

One of the most difficult aspects of estimating is figuring out what the cycle time may be for a process.   There are many factors which affect the cycle time which are not fixed including skill level of the person running the machine, reliability...