Cost analysis with materials and methods of mass production

sheet metal fabrications

Sheet metal is the basis for many low cost fabrication processes and is one of the most common raw materials in manufacturing. Parts can be bent into numerous useful configurations. Minimal material is used in comparison with parts machined from block material. Parts that you might otherwise think must be made from block material can often be redesigned to adapt to sheet metal form. For example you can often use bending instead of milling. Stacking sheets of same shape can achieve higher thickness. Stacking sheets of different shapes can build up a desired 3D shape. Combining sheet metal processes with other processes such as milling a recess in a laser cut sheet can achieve more flexibility.

Metal injection molding

Good for high production volume

Tooling cost is high and part cost moderate

Strong dense parts

High complexity shape capability

More efficient use of material and processes

Less material waste

Repeatability

Excellent mechanical properties

Lower overall product cost

Tailored solutions using unique materials

NetShape materials can be brazed/joined to a variety of components for complete assembly solutions

Die casting

A metal casting process that is characterized by forcing molten metal under high pressure into a mold cavity. The mold cavity is created using two hardened tool steel dies which have been machined into shape and work similarly to an injection mold during the process.

Charts of the materials

Screen Shot 2014-10-19 at 12.39.13 pm Screen Shot 2014-10-19 at 12.44.36 pm Screen Shot 2014-10-19 at 12.54.08 pm

Cost chart-

This chart is a collection of similar products in the market, to look further into the material and process used to conclude an estimated cost prices of my clip for mass production.

chart copy

Overall more quantity for cost of mass production becomes a better long-term investment.

Material cost – 10,000

Production cost above- 22,000

Tooling cost- 40,000

assembly solutions

 

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