by Micro Estimating | Apr 20, 2023 | Estimating
Welcome to Part 7 of our blog series on machine shop estimating methods! In this installment, we’ll discuss activity-based estimating, a method that assigns costs (time or money) to specific activities contributing to the production of a product. This method is...
by Micro Estimating | Apr 19, 2023 | Estimating
Welcome back to our blog series on machine shop estimating methods! In Part 6, we’ll explore CAM cycle time estimating, a highly accurate method used for determining the time and costs involved in machining complex or custom parts using computer-aided...
by Micro Estimating | Apr 18, 2023 | Estimating
Welcome back to our blog series on machine shop estimating methods! In Part 5, we will focus on cost-based estimating, a method that helps machine shops accurately determine the costs of producing a part or product, ultimately contributing to fair pricing and...
by Micro Estimating | Apr 17, 2023 | Estimating
Welcome back! In the third part of our blog series on machine shop estimating methods, we will delve into Machine-Hour Estimating. This approach is widely used in the industry, as it takes into account the cost of operating machines and equipment during the production...
by Micro Estimating | Apr 14, 2023 | Estimating
In our ongoing blog series about machine shop estimating methods, we’ve covered experience-based estimating in Part 2, which relies on the expertise of professionals to provide quick and easy cost projections. Now, in Part 3, we’ll explore time and...
