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Twerpling
Oct 12, 2005
The Funambulist

himurak posted:

This in particular is more for a school project, but still applicable I think. How do I find out how much the average cost to build something should be? In this case I'm looking at refrigerators.

First, decide on some quantity you are looking to make. Part components out as best you can with COTS parts. If you are dealing with a fridge maybe the compressor is off the shelf, the door hinges, or other components that you don't have to manufacture. Some things have price breaks for quantity so you may find it cheaper per unit to make a whole lot. Additionally if there are large amounts of custom work you need done it may be better to set up a factory and churn the buggers out then just making one offs. Add in an estimate labor costs that you need to pay such as machinists, technicians, inspectors, builders, and whoever actually builds/inspects your product. Factor in some sort of failure rate. Take the entire cost and divide it by the functional ones that come out and there is your cost to build.

This is a pretty general framework, though you can make it fairly accurate if you are OCD enough about all the parts/labor costs.

Also if you are doing an estimate always do worst case cost.

Twerpling fucked around with this message at 01:04 on Nov 1, 2011

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