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ME30335: Costing for engineering design and manufacture

[Page last updated: 20 April 2021]

Academic Year: 2021/2
Owning Department/School: Department of Mechanical Engineering
Credits: 6      [equivalent to 12 CATS credits]
Notional Study Hours: 120
Level: Honours (FHEQ level 6)
Period:
Semester 1
Assessment Summary: CW 100%
Supplementary Assessment:
ME30335 Reassessment Coursework (where allowed by programme regulations)
Requisites:
Description: Aims:
To provide:
* An insight into the interface between design, manufacturing and cost.
* An introduction to the industrial practices for cost estimating through the design of a product/product service systems.
* An understanding of the approaches to estimating the cost of manufacturing a product/product-service as well as owning and disposal of a product-service.
* An introduction to the techniques that can be used to estimate the cost of a product/product-service.
* If you are designing a new product/process/service/system to understand how to identify the cost estimating relationships of specific attributes or specification requirements which influence the cost.
* An introduction to some commercial packages and what they offer.
* An understanding of uncertainty; especially for novel products and long-life products.
* An understanding of how to undertake a through life cost analysis for products to aid in design selection.
* An understanding of the challenges industry faces in estimating their costs of delivering and servicing a product.

Learning Outcomes:
After taking this unit the student should be able to:
* Identify the inter-relationships between design, manufacture, cost and sustainment.
* Identify the key cost drivers and evaluate designs in terms of Design to Cost.
* Define appropriate techniques that can be used to create a cost estimate for the exemplar product.
* Enumerate various commercial cost estimating packages and understand their pros/cons.
* Characterise some of the different challenges that particular industrial sectors face in terms of cost estimating.
* Create a cost estimate for a product.
* Analyse the cost of the product/product-service-system through its life cycle.

Skills:
Problem solving; analytical analysis; working independently.

Content:
Analysis of designs from the viewpoint of cost and manufacture.
Industrial speakers introducing exemplar products and the interactions between design, manufacture and cost.
Cost estimating - techniques such as quantitative and qualitative, analogy, Cost estimate relationships, uncertainty, spreadsheets, stochastic and use of commercial packages. Illustrate how the techniques can be used for costing a product and how this links to design and manufacture. These will be integrated throughout the course.
Identifying cost estimate relationships. Creating a cost model. Introduction to commercial cost estimating packages and using excel.
Uncertainty - types of uncertainty, estimating the impact of the uncertainty on the cost estimate.
Data analysis - data readiness levels, quality of data.
The course will be taught through engineering exemplars and engaging with industry.

Programme availability:
NB. Postgraduate programme information will be added when the postgraduate catalogues are published in August 2021

ME30335 is Compulsory on the following programmes:

Department of Mechanical Engineering
  • UEME-AFB38 : BEng(Hons) Mechanical Engineering with Manufacturing and Management (Year 3)
  • UEME-AKB38 : BEng(Hons) Mechanical Engineering with Manufacturing and Management with Year long work placement (Year 4)
  • UEME-AFM38 : MEng(Hons) Mechanical Engineering with Manufacturing and Management (Year 3)
  • UEME-AKM38 : MEng(Hons) Mechanical Engineering with Manufacturing and Management with Year long work placement (Year 4)

ME30335 is Optional on the following programmes:

Department of Mechanical Engineering
  • UEME-AFB48 : BEng(Hons) Integrated Design Engineering (Year 3)
  • UEME-AKB48 : BEng(Hons) Integrated Design Engineering with Year long work placement (Year 4)
  • UEME-AFM48 : MEng(Hons) Integrated Design Engineering (Year 3)
  • UEME-AKM48 : MEng(Hons) Integrated Design Engineering with Year long work placement (Year 4)
  • UEME-AFM16 : MEng(Hons) Mechanical Engineering (Year 4)
  • UEME-AKM16 : MEng(Hons) Mechanical Engineering with Year long work placement (Year 5)

Notes:

  • This unit catalogue is applicable for the 2021/22 academic year only. Students continuing their studies into 2022/23 and beyond should not assume that this unit will be available in future years in the format displayed here for 2021/22.
  • Programmes and units are subject to change in accordance with normal University procedures.
  • Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
  • Find out more about these and other important University terms and conditions here.