System for early cost estimation of die-cast parts

Abstract

Early cost estimate of a part is important information and forms a basis for preparing quotations, which are competitive from a market point of view. It is seen that a commonly adopted approach of variant cost estimation based only on geometric information of the component is not always accurate. This is also true in the case of die-cast parts. The geometric complexity of the part, tooling complexity, part and tool material, processing cost, and manufacturing resources for producing the part all need to be considered for accurate cost estimation. This paper deals with a comprehensive system developed to estimate and analyze the manufacturing cost of die-cast parts. A computer-aided cost-estimation system has been developed that applies manufacturing process as well as manufacturing resource considerations in addition to part feature complexity. Use of the proposed system is demonstrated in selecting the optimum number of cavities and the appropriate manufacturing resources under machine-related constraints. Further, the cost-estimation system developed herein is used for carrying out feature sensitivity analysis to identify design features that add significant cost to the part. The use of this system for optimal machine loading in multiple parts situation is also demonstrated.