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    MIE Solutions Blog

Standard Shop Rate

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...
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Calculating Shop Rates Using The Income Statement

By Dave Ferguson
August 01, 2009
, By Dave Ferguson
August 01, 2009
, By Dave Ferguson
August 01, 2009
, By Dave Ferguson
August 01, 2009
, By Dave Ferguson
August 01, 2009
, By Dave Ferguson
August 01, 2009
, By Dave Ferguson
August 01, 2009
, By Dave Ferguson
August 01, 2009
, By Dave Ferguson
August 01, 2009
, By Dave Ferguson
August 01, 2009
, By Dave Ferguson
August 01, 2009
, By Dave Ferguson
August 01, 2009
, By Dave Ferguson
August 01, 2009
, By Dave Ferguson
August 01, 2009
, By Dave Ferguson
August 01, 2009
, By Dave Ferguson
August 01, 2009
, By Dave Ferguson
August 01, 2009

We are going to spend the next few posts reviewing what an income sheet is and how the income sheet will help you determine you shop rates.
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Introduction To Shop Rates

By Dave Ferguson
July 20, 2009
, By Dave Ferguson
July 20, 2009
, By Dave Ferguson
July 20, 2009
, By Dave Ferguson
July 20, 2009
, By Dave Ferguson
July 20, 2009
, By Dave Ferguson
July 20, 2009
, By Dave Ferguson
July 20, 2009
, By Dave Ferguson
July 20, 2009
, By Dave Ferguson
July 20, 2009
, By Dave Ferguson
July 20, 2009
, By Dave Ferguson
July 20, 2009
, By Dave Ferguson
July 20, 2009
, By Dave Ferguson
July 20, 2009
, By Dave Ferguson
July 20, 2009
, By Dave Ferguson
July 20, 2009

Labor used to produce products and services purchased by customers.
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Calculating Cycle Time with Estimating Software

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...
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Price Quote Software Handles Inspection

By Dave Ferguson
July 11, 2009
, By Dave Ferguson
July 11, 2009
, By Dave Ferguson
July 11, 2009
, By Dave Ferguson
July 11, 2009
, By Dave Ferguson
July 11, 2009
, By Dave Ferguson
July 11, 2009
, By Dave Ferguson
July 11, 2009
, By Dave Ferguson
July 11, 2009
, By Dave Ferguson
July 11, 2009
, By Dave Ferguson
July 11, 2009
, By Dave Ferguson
July 11, 2009
, By Dave Ferguson
July 11, 2009
, By Dave Ferguson
July 11, 2009
, By Dave Ferguson
July 11, 2009

Job shop estimating is not the most complex job in the job shop, but it does have a lot of little details which should be dealt with during the estimating process.   Inspection is a category of the cycle time which is not normally considered during...
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How To Estimate Handling Time

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...
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Manufacturing Estimating Cycle Time

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...
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Quoting Dependencies Between Operations

By Dave Ferguson
June 24, 2009
, By Dave Ferguson
June 24, 2009
, By Dave Ferguson
June 24, 2009
, By Dave Ferguson
June 24, 2009
, By Dave Ferguson
June 24, 2009
, By Dave Ferguson
June 24, 2009
, By Dave Ferguson
June 24, 2009
, By Dave Ferguson
June 24, 2009
, By Dave Ferguson
June 24, 2009
, By Dave Ferguson
June 24, 2009
, By Dave Ferguson
June 24, 2009

I talked previously about job cost estimating setup time.   The four areas that were spoken about where staging time, setup time, transit time and tear down time.   Each one of these 4 processes actually would add costs to an estimate.   Lag time...
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What is Setup Time?

By Dave Ferguson
June 17, 2009
, By Dave Ferguson
June 17, 2009
, By Dave Ferguson
June 17, 2009
, By Dave Ferguson
June 17, 2009
, By Dave Ferguson
June 17, 2009
, By Dave Ferguson
June 17, 2009
, By Dave Ferguson
June 17, 2009
, By Dave Ferguson
June 17, 2009
, By Dave Ferguson
June 17, 2009
, By Dave Ferguson
June 17, 2009
, By Dave Ferguson
June 17, 2009

In order to begin a detailed look into quoting and estimating I'm going to start by giving some definitions.
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Estimating

By Dave Ferguson
June 15, 2009
, By Dave Ferguson
June 15, 2009
, By Dave Ferguson
June 15, 2009
, By Dave Ferguson
June 15, 2009
, By Dave Ferguson
June 15, 2009
, By Dave Ferguson
June 15, 2009
, By Dave Ferguson
June 15, 2009
, By Dave Ferguson
June 15, 2009

Welcome to the MIE Solutions blog about Job Shop Quoting and Estimating
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