Part Cost Estimator

The Part Cost Estimator enables you to save time and resources by focusing on the lowest cost solutions in early stage conceptual design when materials and design details have not yet been defined. The model results from an industry collaboration with organizations providing expertise in metals, plastics, and composites.

What is the Part Cost Estimator for?

  • Development engineers and designers: Most of the cost of a design is determined at the design stage, when multiple materials are under consideration and many details have yet to be defined. Users can quickly identify candidate materials and estimate part cost in the conceptual design stage, saving time and resources cost by focusing development efforts on the most promising solutions
  • Project engineers, product engineers, and materials specialists: Explore the use of materials from different classes and rapidly assess performance against part cost to identify trade-offs between competing solutions.

Use the Part Cost Estimator in  early stage   design when multiple materials are under consideration

Use the Part Cost Estimator in early stage design when multiple materials are under consideration

What does the Part Cost Estimator do?

The Part Cost Estimator calculates the cost for a part, taking account of: the material selected, up to two shaping processes, part size and complexity, off-the-shelf and custom forms, credit for recycling manufacturing waste, and production batch size. The materials can be any of the thousands covered by the MaterialUniverse data module of CES Selector—the cost model data used in the calculation is taken from the relevant materials and process records in this data set. Used within the CES Selector Synthesizer Tool™, the Part Cost Estimator generates ('synthesizes') a series of material records corresponding to the specified parameters. These can then be plotted against each other or other materials on property charts (as illustrated above) to study the impact of processing on part cost, and on the trade-offs between cost and other properties.

In combination with the material data and selection tools in CES Selector, the Part Cost Estimator enables users to rapidly assess performance against part cost across all classes of materials and identify the most promising solutions. The results can be compared on charts to allow users to investigate trade-offs between alternatives.

Adding your own models

The CES Selector Synthesizer Tool enables the addition of your own models for calculating material properties based on the data stored in CES Selector, including your own cost models. Granta provides training and documentation to show materials specialists or engineers how to implement these models into the system.

Case study

Read a case study describing the use of the Part Cost Estimator for an automotive door panel