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Automated manufacturing costing system and method

Patent 5249120 Issued on September 28, 1993. Estimated Expiration Date: Icon_subject January 14, 2011. Estimated Expiration Date is calculated based on simple USPTO term provisions. It does not account for terminal disclaimers, term adjustments, failure to pay maintenance fees, or other factors which might affect the term of a patent.

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Inventor

Assignee

Application

No. 641161 filed on 01/14/1991

US Classes:

705/1, AUTOMATED ELECTRICAL FINANCIAL OR BUSINESS PRACTICE OR MANAGEMENT ARRANGEMENT700/36, Economic (e.g., cost)700/95, Product assembly or manufacturing705/7, Operations research705/400FOR COST/PRICE

Examiners

Primary: Weinhardt, Robert A.
Assistant: Hazard, Jennifer L.

Attorney, Agent or Firm

International Classes

G06F 015/46
G06F 015/20

Abstract

An automated manufacturing cost estimating method and system with indirect cost allocation which identifies a material in an initial state for manufacturing a product in a final state; defines an operation for converting the material from its initial state into the final state of the product; calculates the direct labor cost for each operation based on direct labor hours and calculates the indirect cost specifically allocated for each operation based on consumption of overhead cost elements by the operation; and sums the cost calculated for each operation to determine the total cost of manufacture of a part. Also disclosed is a cost analyzing method and system which utilizes the cost estimating method and system by identifying a plurality of different materials in an initial state for manufacturing a product in a final state and defining a number of manufacturing operations for converting each of the different materials from its initial state into the final state of the product; generating a plurality of paths through the interconnected operations between the different materials in the initial state and the product in the final state; determining a predetermined cost parameter associated with each operation; and accumulating the determined cost parameters along each path.

Other References

  • Foley et al., "Computer-based Manufacturing Cost Analysis for the Fabrication of Thermoplastic Composite Structures", Jan. 15-18, 1990, 32 page
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