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MACHINING VS. CASTING

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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. – PowerPoint PPT presentation

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Title: MACHINING VS. CASTING


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
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