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Cost Estimation - Machining

This document provides a cost estimation for machining a padeye that is 200x150x40mm from S235J2G steel. It lists the basic inputs like labor rates, material specifications, and working hours. It then details the various machining processes needed like turning, milling, drilling, etc. and their setup times. It calculates the total machining time based on removal rates and estimates the total machining cost which is broken down into labor, electricity, consumables, etc. Finally, it provides the total project cost, margin, and per unit price of the finished padeye.

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Abu Zahid
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13K views12 pages

Cost Estimation - Machining

This document provides a cost estimation for machining a padeye that is 200x150x40mm from S235J2G steel. It lists the basic inputs like labor rates, material specifications, and working hours. It then details the various machining processes needed like turning, milling, drilling, etc. and their setup times. It calculates the total machining time based on removal rates and estimates the total machining cost which is broken down into labor, electricity, consumables, etc. Finally, it provides the total project cost, margin, and per unit price of the finished padeye.

Uploaded by

Abu Zahid
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

Cost Estimation - Machining

ITEM
A. Basic Input
- Labour & Machine Rate Cost per Hour
- Quantity
- Unit Weight of Raw material
- Unit Weight of Finish product
- Material specification
- Density
- Working Hour per day
B. Machining Process
Process
Facing/groove/profile
Facing/groove/profile
Facing/groove/profile
Drilling
Drilling
Drilling
Squaring
Cutting
Cutting
Boring
Sloting
Threading
Threading

Machine
Turning
Milling
Heavy Milling
Turning
Milling
Drilling Machine
Milling
Bandsaw
Milling
Turning
Sloting
Turning
Milling

Boring

Boring

C. Total Machining Cost

SGD

30.0
1
2.94
1.24
SS304
8,000
8

/hr
ea
Kg
Kg
kg/m3
Hrs

1. Machine setup time


Turning
60.00
Milling
60.00
bandsaw
Slotting
Drill Press
heavy Milling
Boring
Note: Setup time only once per day

minutes
minutes
minutes
minutes
minutes
minutes
minutes

2. How many process/step/change position:

3. Machining Time/Removal Time:


- Carbon steel (0,0015m3/hr)
- Stainless steel (0,0003m3/hr)
- aluminium (0,015m3/hr)

0.0015

Labour & Machine Cost

SGD

143.31

Electricity Cost
Consumable Cost, if any
Sub-cont Cost, if any
Cranage cost, if any
JIG cost, if any
Total Cost
Cost per unit

SGD
SGD
SGD
SGD
SGD
SGD
SGD

0.21
2.40
145.92
145.92

rolling plate 6mm [Link] x2.4m, 80 set


Material Cost
SGD
1,000.00
Machining Cost
SGD
500.00
Transport
SGD
30.00
Total Cost
SGD
1,530.00
Margin
SGD
459.00
Total Price
SGD
1,989.00
Price per unit
SGD
1,989.00

4. Inspection time
5. Total Machining Time:
6. SOW:

30%

4.78
0.6

REV. A

8 step

m3/hr

m3

Hrs
Days

efficiency:

60%

Cost Estimation - Machining


ITEM

Padeye 200x150x40mm

A. Basic Input
- Labour & Machine Rate Cost per Hour
- Quantity
- Unit Weight of Raw material
- Unit Weight of Finish product
- Material specification
- Density
- Working Hour per day
B. Machining Process
Process
Facing/groove/profile
Facing/groove/profile
Facing/groove/profile
Drilling
Drilling
Drilling
Squaring
Cutting
Cutting
Boring
Sloting
Threading
Threading

Machine
Turning
Milling
Heavy Milling
Turning
Milling
Drilling Machine
Milling
Bandsaw
Milling
Turning
Sloting
Turning
Milling

Boring

Boring

C. Total Machining Cost

SGD

30.0
140
7.71
5.87
S235J2G
7,850
8

/hr
ea
Kg
Kg
kg/m3
Hrs

1. Machine setup time


Turning
Milling
30.00
bandsaw
Slotting
Drill Press
heavy Milling
Boring
30.00
Note: Setup time only once per day

minutes
minutes
minutes
minutes
minutes
minutes
minutes

2. How many process/step/change position:

3. Machining Time/Removal Time:

- Carbon steel (0,0015m3/hr)


- Stainless steel (0,0003m3/hr)
- aluminium (0,015m3/hr)

0.0015

Labour & Machine Cost

SGD

2,339.96

Electricity Cost
Consumable Cost, if any
Sub-cont Cost, if any
Cranage cost, if any
JIG cost, if any
Total Cost
Cost per unit

SGD
SGD
SGD
SGD
SGD
SGD
SGD

32.87
336.00
2,708.83
19.35

rolling plate 6mm [Link] x2.4m, 80 set


Material Cost
SGD
1,920.17
Machining Cost
SGD
2,708.83
Transport
SGD
300.00
Total Cost
SGD
4,929.01
Margin
SGD
3,450.30
Total Price
SGD
8,379.31
Price per unit
SGD
59.85

4. Inspection time
5. Total Machining Time:
6. SOW:

70%

78.00
9.7

REV. A

8 step

m3/hr

m3

Hrs
Days

efficiency:

60%

Cost Estimation - Machining


ITEM

Padeye 200x150x40mm

A. Basic Input
- Labour & Machine Rate Cost per Hour
- Quantity
- Unit Weight of Raw material
- Unit Weight of Finish product
- Material specification
- Density
- Working Hour per day
B. Machining Process
Process
Facing/groove/profile
Facing/groove/profile
Facing/groove/profile
Drilling
Drilling
Drilling
Squaring
Cutting
Cutting
Boring
Sloting
Threading
Threading

Machine
Turning
Milling
Heavy Milling
Turning
Milling
Drilling Machine
Milling
Bandsaw
Milling
Turning
Sloting
Turning
Milling

Boring

Boring

C. Total Machining Cost

SGD

30.0
140
7.71
5.87
S235J2G
7,850
8

/hr
ea
Kg
Kg
kg/m3
Hrs

1. Machine setup time


Turning
Milling
30.00
bandsaw
Slotting
Drill Press
heavy Milling
Boring
30.00
Note: Setup time only once per day

minutes
minutes
minutes
minutes
minutes
minutes
minutes

2. How many process/step/change position:

3. Machining Time/Removal Time:

- Carbon steel (0,0015m3/hr)


- Stainless steel (0,0003m3/hr)
- aluminium (0,015m3/hr)

0.0015

Labour & Machine Cost

SGD

2,339.96

Electricity Cost
Consumable Cost, if any
Sub-cont Cost, if any
Cranage cost, if any
JIG cost, if any
Total Cost
Cost per unit

SGD
SGD
SGD
SGD
SGD
SGD
SGD

32.87
336.00
2,708.83
19.35

rolling plate 6mm [Link] x2.4m, 80 set


Material Cost
SGD
1,920.17
Machining Cost
SGD
2,708.83
Transport
SGD
300.00
Total Cost
SGD
4,929.01
Margin
SGD
3,450.30
Total Price
SGD
8,379.31
Price per unit
SGD
59.85

4. Inspection time
5. Total Machining Time:
6. SOW:

70%

78.00
9.7

REV. A

8 step

m3/hr

m3

Hrs
Days

efficiency:

60%

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