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    MIE Solutions Blog

Material Cost Calculation

By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011
, By Dave Ferguson
March 10, 2011

Material cost calculation potentially involves a lot of information.  In my previous blog I mentioned many of the data points involved in the material cost calculation including Parts Size, Blank Size, Stock Size, Safety Stock Size, and others.  One...
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Direct Labor Costs

By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011
, By Dave Ferguson
February 26, 2011

Direct labor costs are those costs which are performed during the production of some product.  The product can be any type of item from a machined part, computer and vehicle.  Labor is required to change a raw material into a product that may be...
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Estimating the Costs of Estimates

By Dave Ferguson
February 05, 2011
, By Dave Ferguson
February 05, 2011
, By Dave Ferguson
February 05, 2011
, By Dave Ferguson
February 05, 2011
, By Dave Ferguson
February 05, 2011
, By Dave Ferguson
February 05, 2011
, By Dave Ferguson
February 05, 2011
, By Dave Ferguson
February 05, 2011
, By Dave Ferguson
February 05, 2011
, By Dave Ferguson
February 05, 2011
, By Dave Ferguson
February 05, 2011
, By Dave Ferguson
February 05, 2011
, By Dave Ferguson
February 05, 2011
, By Dave Ferguson
February 05, 2011
, By Dave Ferguson
February 05, 2011
, By Dave Ferguson
February 05, 2011
, By Dave Ferguson
February 05, 2011
, By Dave Ferguson
February 05, 2011

An interesting situation when creating estimates is determining which estimates to spend time on and which estimates are too costly to put the effort into.  In a tough economy, your company takes on jobs that don't lead to a reasonable profit, but...
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Cost Estimating Versus Cost Accounting

By Dave Ferguson
October 26, 2010
, By Dave Ferguson
October 26, 2010
, By Dave Ferguson
October 26, 2010
, By Dave Ferguson
October 26, 2010
, By Dave Ferguson
October 26, 2010
, By Dave Ferguson
October 26, 2010
, By Dave Ferguson
October 26, 2010
, By Dave Ferguson
October 26, 2010
, By Dave Ferguson
October 26, 2010
, By Dave Ferguson
October 26, 2010
, By Dave Ferguson
October 26, 2010
, By Dave Ferguson
October 26, 2010
, By Dave Ferguson
October 26, 2010
, By Dave Ferguson
October 26, 2010
, By Dave Ferguson
October 26, 2010
, By Dave Ferguson
October 26, 2010
, By Dave Ferguson
October 26, 2010
, By Dave Ferguson
October 26, 2010

What is the difference between cost estimating and cost accounting?
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Estimating is more than Setup and Run Time Part 1

By Dave Ferguson
July 19, 2010
, By Dave Ferguson
July 19, 2010
, By Dave Ferguson
July 19, 2010
, By Dave Ferguson
July 19, 2010
, By Dave Ferguson
July 19, 2010
, By Dave Ferguson
July 19, 2010
, By Dave Ferguson
July 19, 2010
, By Dave Ferguson
July 19, 2010
, By Dave Ferguson
July 19, 2010
, By Dave Ferguson
July 19, 2010
, By Dave Ferguson
July 19, 2010
, By Dave Ferguson
July 19, 2010
, By Dave Ferguson
July 19, 2010
, By Dave Ferguson
July 19, 2010
, By Dave Ferguson
July 19, 2010
, By Dave Ferguson
July 19, 2010
, By Dave Ferguson
July 19, 2010

Many estimators put a lot of time into figuring out how to estimate setup time.  Setup time is a key component when doing estimates for basic operations like shearing, forming, laser, punch presss or any other operation which requires a setup...
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Introduction To Job Shop Scheduling

By Dave Ferguson
January 11, 2010
, By Dave Ferguson
January 11, 2010
, By Dave Ferguson
January 11, 2010
, By Dave Ferguson
January 11, 2010
, By Dave Ferguson
January 11, 2010
, By Dave Ferguson
January 11, 2010
, By Dave Ferguson
January 11, 2010
, By Dave Ferguson
January 11, 2010
, By Dave Ferguson
January 11, 2010
, By Dave Ferguson
January 11, 2010
, By Dave Ferguson
January 11, 2010

    Welcome to the MIE Solutions Job Shop Scheduling blog. MIE Solutions ERP system provides a comprehensive job shop scheduling software to deal with the many problems scheduling a job shop encounters.
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