1 / 12

MACHINING VS. CASTING

MACHINING VS. CASTING. EGR 403 GROUP 7 BRIAN JACOBS MICHAEL MAYER NOAH WINSOR MATTHEW YESETA. PROPOSAL. PERFORM COST ANALYSIS ON 2 DIFFERENT PROCESSES MACHINING Vs. CASTING DETERMINE WHICH PROCESS IS ECONOMICALLY BENIFICIAL BASED ON NET PRESENT WORTH ANALYSIS. REQUEST FOR QUOTE.

Download Presentation

MACHINING VS. CASTING

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. MACHINING VS. CASTING EGR 403 GROUP 7 BRIAN JACOBS MICHAEL MAYER NOAH WINSOR MATTHEW YESETA

  2. PROPOSAL • PERFORM COST ANALYSIS ON 2 DIFFERENT PROCESSES • MACHINING Vs. CASTING • DETERMINE WHICH PROCESS IS ECONOMICALLY BENIFICIAL BASED ON NET PRESENT WORTH ANALYSIS

  3. REQUEST FOR QUOTE • 4 FIN IMPELLER – PERSONAL WATERCRAFT APPLICATION • 6061-T6 ALUMINUM ALLOY • 3500 PIECES PER YEAR • MARR IS 12.5% • INFLATION IS 3.5%

  4. MANUFACTURING PROCESS • 5-AXIS HIGH SPEED CNC MACHINING

  5. MANUFACTURING PROCESS • MOLTEN ALUMINUM DIE CASTING • “SQUEEZE CASTING”

  6. CASTING Vs. MACHINING

  7. CASTING Vs. MACHINING

  8. SENSITIVIY ANALYSIS • FOR BOTH OPTIONS, CHANGE IN TOTAL INCOME HAD THE MOST EFFECT • 20% CHANGE IN INCOME RESULTED IN 30% CHANGE IN PRESENT VALUE (HIGH/LOW) • FOR CASTING, ELECTRICITY WAS SIGNIFICANT AS WELL (LARGER AMOUNT = HIGHER SIGNIFICANCE) • SALVAGE LEAST SIGNIGFICANT

  9. SENSITIVITY ANALYSIS

  10. CONCLUSION • WE CHOSE THE MACHINING PROCESS • EQUIPMENT COST AND MAINTENANCE WERE HIGHER BUT COST OF RUNNING OPERATION MUCH LOWER • HIGH REMOVAL AMOUNT OF MATERIAL MADE UP WITH RECYCLING RETURN • LONGTERM USEFUL LIFE • LABOR COST HIGH BUT LABOR MORE SKILLED AND VERSATILE • HIGHLY ADAPTABLE PROCESS

  11. RESOURCES • HASS AUTOMATION, INC. • E-BAY • CALIFORNIA EDISON • IMS METALS

  12. HELPFUL WEBSITES • http://www.treasury.gov/ • THIS IS A GOOD SITE FOR INFORMATION ABOUT THE OVERALL ASPECTS OF THE ECONOMY • www.cfo.com • THIS IS A GOOD SITE FOR INFORMATION ABOUT RUNNING A BUSINESS

More Related