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Estimating & Costing
Design of Machine Elements

Estimating & Costing

ESTIMATING:        Estimating is process of calculating the probable cost of a product before the start of manufacturing. It is an art of finding the cost, whi…

Numerical Problems on Estimating & Costing
Design of Machine Elements

Numerical Problems on Estimating & Costing

Question 1: A lot of 1000 pieces of a job costs the following:  a) Cost of material = Rs. 20000  b) Labour cost = Rs. 15000  c) Cost of tools = Rs. 8000  d) F…

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