System for early cost estimation of die-cast parts

Madan, Jatinder; Rao, P. Venkateswara; Kundra, T. K.

doi:10.1080/00207540600789016

Cited by 19 publications

(5 citation statements)

References 15 publications

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“…The evolution of cost estimation approaches over the years has involved two main aspects: (i) the analysis of more complex shapes and geometries for the closed-die forging and, (ii) the adoption of different models for open-die forging but limited to simple geometries (i.e., axisymmetric parts). However, the representativeness of these works is limited compared with other technologies (i.e., casting) [30,[124][125][126][127]. Indeed, the number of papers developed on this topic suffers from different issues that can be summarized as follow:…”

Section: Slr Resultsmentioning

confidence: 99%

Key features and novel trends for developing cost engineering methods for forged components: a systematic literature review

Favi

Campi

Mandolini

et al. 2021

Int J Adv Manuf Technol

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Engineering design shows a growing interest in exploring cost analysis to anticipate manufacturing issues and integrate production aspects within the product development process. This research aims to highlight key elements (inputs, parameters, models) to accurately predict the cost of a forged part using a complete model, with important information that can be available during the design phase. For this purpose, a systematic literature review of existing engineering methodologies developed for cost analysis of forged parts (i.e., cost estimation, DtC, and ABC) was performed with characterizations of the different approaches for evaluating the most important topics related to this objective. As a result, the most important insights related to the aim of this review are provided: (i) among quantitative methods, analytical and parametric models are the most suitable approaches to develop a cost estimation, (ii) a cost model based on a linear equation supported by single or multiple variables seems to be the most accurate tool to establish a robust cost analysis in the design of forged components, and (iii) input parameters related to the material type and geometrical features are the most critical cost-drivers in the cost assessment. Moreover, this review contributes to identifying emerging applications and obsolete topics, providing the ground to investigate unexplored areas relevant to future research.

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Section: Slr Resultsmentioning

confidence: 99%

Key features and novel trends for developing cost engineering methods for forged components: a systematic literature review

Favi

Campi

Mandolini

et al. 2021

Int J Adv Manuf Technol

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show abstract

“…Several studies provide refinements of the methods for DFM/A and DFX. Some provide indications of the effects of these based on numerical simulation (Curran et al, 2007;Das & Kanchanapiboon, 2011;Madan, Rao, & Kundra, 2007;Taylor, 1997), whereas other studies provide empirical support for such refinements (Bevilacqua, Ciarapica, & Giacchetta, 2007;Boer & Logendran, 1999;Chan & Lewis, 2000;Dowlatshahi, 1995;Ijomah, McMahon, Hammond, & Newman, 2007;Lin, Lee, & Bohez, 2012;Lu & Wood, 2006;Pullan, Bhasi, & Madhu, 2012).…”

Section: Design For Manufacturing/assembly (Dfm/dfa) and Design For Xmentioning

confidence: 99%

“…Case study Design for X Madan et al (2007) IJPR DFM/A Manufacturing A computer-aided system for early cost estimation, feature-cost sensitivity and optimal machine loading for die-casting is presented. It can be used both as a DFM as well as an early cost-estimation tool for preparing quotations.…”

Section: Empirical: Observationsmentioning

confidence: 99%

Methods for Cost Management during Product Development: A Review and Comparison of Different Literatures

Wouters¹,

Morales²,

Grollmuss³

et al. 2016

Advances in Management Accounting

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If you would like to write for this, or any other Emerald publication, then please use our Emerald for Authors service information about how to choose which publication to write for and submission guidelines are available for all. Please visit www.emeraldinsight.com/authors for more information. About Emerald www.emeraldinsight.comEmerald is a global publisher linking research and practice to the benefit of society. The company manages a portfolio of more than 290 journals and over 2,350 books and book series volumes, as well as providing an extensive range of online products and additional customer resources and services.Emerald is both COUNTER 4 and TRANSFER compliant. The organization is a partner of the Committee on Publication Ethics (COPE) and also works with Portico and the LOCKSS initiative for digital archive preservation. ABSTRACT Purpose À The paper provides an overview of research published in the innovation and operations management (IOM) literature on 15 methods for cost management in new product development, and it provides a comparison to an earlier review of the management accounting (MA) literature (Wouters & Morales, 2014). Methodology/approach À This structured literature search covers papers published in 23 journals in IOM in the period 1990À2014.Findings À The search yielded a sample of 208 unique papers with 275 results (one paper could refer to multiple cost management methods). The top 3 methods are modular design, component commonality, and Advances in Management Accounting, Volume 26, 139À274Originality/value À This review of research on methods for cost management published outside the MA literature provides an overview for MA researchers. It highlights key differences between both literatures in their research of the same cost management methods.

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“…In our setting, the quantities of all the product types for each casting shift are defined as the primary variables. The LP model searches a solution that generates the maximum usage of molten alloy, which is a dominant factor in the production cost of casting (Bidanda et al 1998, Madan et al 2007). Compared with the previous studies, the contributions of this article can be summarised as follows.…”

Section: Introductionmentioning

confidence: 99%

Scheduling of die casting operations including high-mix low-volume and line-type production

Park

Yang

2013

International Journal of Production Research

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This article addresses the scheduling problem of a real die casting shop. The problem is of practical importance and yet complicated, especially for a modern casting environment where a variety of cast products made of different alloys are simultaneously manufactured in relatively small lot sizes. As a simple and robust scheduling methodology, a Linear Programming (LP) model is proposed so as to determine the quantity of each product in a casting shift. The solution of the LP model maximises the average efficiency of melting furnaces, i.e., the percentage use of molten alloys throughout the shifts. Our model can represent a most general casting environment to the extent that some die casting machines carry out frequent in-process die exchanges for flexible manufacturing. At the same time, we employ line-type casting as well as a combination die with multi-cavities which can cast dissimilar shapes concurrently. In the high-mix low-volume manufacturing world, the proposed LP model can assist the die casting industry to strengthen its competence by providing an optimal schedule that satisfies practical constraints on casting processes.

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System for early cost estimation of die-cast parts

Cited by 19 publications

References 15 publications

Key features and novel trends for developing cost engineering methods for forged components: a systematic literature review

Key features and novel trends for developing cost engineering methods for forged components: a systematic literature review

Methods for Cost Management during Product Development: A Review and Comparison of Different Literatures

Scheduling of die casting operations including high-mix low-volume and line-type production

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