Costing in Metal Additive Manufacturing - 3 — Lesson 4

This lesson covers the intricate details of costing in Metal Additive Manufacturing. It delves into the cost model from different perspectives such as finance, management, and manufacturing. The lesson introduces a model that focuses on the manufacturing viewpoint of costing, where pre-processing, processing, and post-processing costs are calculated. It also discusses the direct and indirect, fixed and variable costs involved in the process. The lesson further explains how the total cost per part is calculated using a given formula. It also provides a detailed breakdown of costs involved in pre-processing, processing, and post-processing stages. The lesson concludes with a discussion on cost forecasting in Metal Additive Manufacturing.

Video Highlights

00:28 - Discussion on the cost model in different perspectives
07:52 - Discussion on the overhead cost calculation for pre-processing
15:15 - Explanation of the post-processing cost calculation
20:38 - Discussion on the total cost calculation

Key Takeaways

- The manufacturing viewpoint of costing involves calculating pre-processing, processing, and post-processing costs.
- The total cost per part is calculated using a specific formula that takes into account all additive manufacturing process activities.
- Pre-processing costs involve labor and overhead, while processing costs include material, energy, machine, labor, process control cost, and overheads.
- Post-processing costs include material, equipment, labor, energy, testing, and overhead expenses.
- Cost forecasting in Metal Additive Manufacturing indicates a reduction in costs over the years.