This lesson covers the concept of costing in additive manufacturing, specifically focusing on metal additive manufacturing. It discusses the basic structure of cost in this field and introduces models suggested by various contributors. The lesson also provides numerical examples to illustrate these concepts. It delves into cost models, cost advantages, and firm capabilities for additive manufacturing. The lesson further explains different estimating methods such as expert opinion, analogy methods, and formula-based methods. It concludes with an assignment for learners to calculate the break-even point and selling price for given examples.

- Costing in additive manufacturing involves understanding the basic structure of cost and applying models suggested by various contributors.
- Cost models, cost advantages, and firm capabilities play a significant role in additive manufacturing.
- Different estimating methods such as expert opinion, analogy methods, and formula-based methods are used to calculate costs.
- The total cost model is a new model in costing that will be discussed in the next part of the lesson.

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