![]() 4.6 Procedure of estimating foundry cost. 4.5 Procedure of estimating cost of pattern making. 4.4 Procedure of estimating forging cost. 4.3 Procedure of estimating cost of forging dies. 4.2 The procedure of calculating material cost of a product for each shop. forging shop, machine shops(Turning, Milling, Drilling, Cylindrical grinding, Keyway milling/Slotting/Broaching and Gear cutting), foundary shop and press shop(Punching and bending). 2.8 Example to calculate MHR of Lathe, Milling, Drilling, Grinding and Press tool.Ĭost Estimation of Forging, Casting, Machining and Press Tools: 4.1 Cost terminology associated with each shop(i.e. ![]() 2.7 Method to calculate MHR for any machine/machine machine/machi ne tool. 2.4 Depreciation and obsolescence : Definition, Definiti on, Types Different methods of calculating depreciation. ![]() 2.3 Determination of selling price and catalogue price. 2.2 Terminology associated with overheads, their classification classificati on and allocation. 1.3 Difference between costing and estimating.Įlements of Cost and Overhead Allocation: 2.1 Terminology associated with various cost elements and their classification. ![]() 1.2 Need of attitude, knowledge & skill required for ECC. Introduction to ECC: 1.1 Need, Scope & importance of ECC in industries. GUJARAT TECHNOLOGICAL UNIVERSITY DIPLOMA IN MECHANICAL ENGINEERING SEMESTER: V Subject Name: Estimating, Costing and Contracting (ECC) Sr. ![]()
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