Online method and system for estimating the manufacturing cost of components
First Claim
1. A computer implemented method for estimating the manufacturing cost of a component, the method comprising:
- electronically receiving a component model wherein the component model includes an at least one quantitative driver and an at least one cost algorithm used to determine the estimated manufacturing cost;
electronically receiving values for each quantitative driver;
determining the estimated manufacturing cost for the component based on the values for each quantitative driver and the at least one cost algorithm, wherein the manufacturing cost includes a finished weight, a material usage and cycle time;
wherein the material usage and the at least one cost algorithm is comprised of a material usage algorithm that is based on component dimensions and scrap associated with manufacturing and the cycle time and the at least one cost algorithm is comprised of a cycle time algorithm that is based on the amount of time needed to perform each process applicable to the production of a component and transmitting the estimated manufacturing cost to a user.
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Accused Products
Abstract
The present invention relates to an online method and system for estimating the manufacturing cost of a component. A preferred method embodiment of the present invention includes receiving a component model which includes quantitative driver(s) and cost algorithm(s) used to determine the estimated manufacturing cost, receiving values for each quantitative driver, determining the estimated manufacturing costs for the component based on the values for each quantitative driver and the cost algorithm(s), and transmitting the estimated manufacturing cost to a user. A preferred computer system of the present invention is configured to receive a component model which includes quantitative driver(s) and cost algorithm(s), receive values for each quantitative driver, determine the estimated manufacturing costs for the component based on the quantitative driver values and the cost algorithm(s), and transmit the estimated manufacturing cost to a user.
11 Citations
20 Claims
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1. A computer implemented method for estimating the manufacturing cost of a component, the method comprising:
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electronically receiving a component model wherein the component model includes an at least one quantitative driver and an at least one cost algorithm used to determine the estimated manufacturing cost; electronically receiving values for each quantitative driver;
determining the estimated manufacturing cost for the component based on the values for each quantitative driver and the at least one cost algorithm, wherein the manufacturing cost includes a finished weight, a material usage and cycle time;wherein the material usage and the at least one cost algorithm is comprised of a material usage algorithm that is based on component dimensions and scrap associated with manufacturing and the cycle time and the at least one cost algorithm is comprised of a cycle time algorithm that is based on the amount of time needed to perform each process applicable to the production of a component and transmitting the estimated manufacturing cost to a user. - View Dependent Claims (2, 3, 4, 5, 6, 19, 20)
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7. An online system for estimating the manufacturing cost of a component, the system comprising at least one server computer operably serving at least one client computer, the at least one server computer configured to:
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(i) receive a component model wherein the component model includes an at least one quantitative driver and an at least one cost algorithm used to determine the estimated manufacturing cost; (ii) receive values for each quantitative driver; (iii) determine the estimated manufacturing cost for the component based on the values for each quantitative driver and the at least one cost algorithm, wherein the manufactured cost includes a finished weight; and
(iv) transmit the estimated manufacturing cost to a user(iv) transmit the estimated manufacturing cost to a user. - View Dependent Claims (8, 9, 10, 11, 12)
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13. A computer-readable medium having computer-executable instructions for performing a method comprising:
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receiving a component model wherein the component model includes an at least one quantitative driver and an at least one cost algorithm used to determine the estimated manufacturing cost; receiving values for each quantitative driver; determining the estimated manufacturing costs for the component based on the values for each quantitative driver and the at least one cost algorithm, wherein the manufacturing cost includes a finished weight; and transmitting the estimated manufacturing cost to a user. - View Dependent Claims (14, 15, 16, 17, 18)
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Specification