Effective Cost Estimation Model for Injection Mold Design Base on Time Schedule & Management System

Abstract

The cost estimation of mold design is a hard issue because of the complexity and variety of the products. We assume that the cost is largely decided by the time for design since labor salaries are increasingly important nowadays. In this paper, we propose a platform to count all the time consumed in all the design details, from which several statistics and analysis reports are made. Based on the data, the managers can acknowledge all the processes details in the design groups. Moreover, bottlenecks in design can be prevised and corresponding measures can be taken in advance. The existing data can also be borrowed for the later quotation for the similar designs. Certain companies have deployed our system and verify that it greatly help the cost estimation and control.