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COST ESTIMATION FOR FORGING
BY
KUNAL MAYAVANSHI (ROLL NO: 202)
M.E.-I (Production Engineering)
Engineering Estimation and Costing
Guided By
Mrs. Shital Soni
Faculty of Engineering and Technology
FORGING
Forging is a manufacturing process involving the shaping of metal using localized
compressive forces. The blows are delivered with a hammer or a die. Forging is
often classified according to the temperature at which it is performed: cold
forging, warm forging or hot forging.
Forging is a commonly used production method, here materials are deform
plastically & shaped.
Main industries like automotive & defence industry use forgings or buy forgings
from forging companies.
Forging Cost Items
The cost for producing forgings depends on many factors, such as material, die,
labor, equipment, inspection, heating and overhead costs etc. These charges may
vary from plant to plant and also from product to product with in an individual
plant.
Product cost estimation of forging is basically the process of determining the cost
of a product.
The items that form up forging cost can be
grouped as:
1. Material cost
2. Forging equipment cost
3. Tooling cost
4. Labor cost
5. Overhead cost
6. Billet heating cost
7. Secondary operations cost
8. Quality control cost
9. Packaging and transportation cost
Breakdown of Total Costs for Steel
Forgings
Losses in Forging
It is well known that some metal is always lost in the different operations of forging
and this lost metal must be added to the net weight before calculating the
material cost. The different losses to be considered are:
(i) Scale loss.
(ii) Flash loss.
(iii) Tonghold loss.
(iv) Sprue loss.
(v) Shear loss.
(i) Scale loss:
This is the material lost because of the surface oxidation in heating and forging the
piece. When iron is heated at a high temperature in atmospheric conditions a thin
of iron oxide is formed all round the surface of the heated metal which goes as a
waste. The iron oxide film is known as scale and it falls from the surface of the
metal on being beaten up by the hammer. Scale loss depends upon the surface
area, heating time and the type of material. For forgings under 5 kg loss is 7.5 per
cent of the net weight, and for forgings from 5 to 12.5 kg and over an addition of 6
per cent and 5 per cent of the net weight is necessary for scale loss.
(ii) Flash loss
There is a certain quantity of metal which comes between the flat surfaces of the
two dies after the die cavity has been filled in. This material equal to the area of
the flat surface is a wastage. For finding the flash loss, the circumference is
determined which multiplied by cross-sectional area of flash will give the volume
of the flash. The volume multiplied by material density gives the flash loss.
Generally, it is taken as 3 mm thick and 2 mm wide all round the circumference.
(iii) Tonghold loss
This is the loss of material due to a projection at one end of the forging to be used
for holding it with a pair of tongs and turning it round and round to give the
required cross section in drop forging. About 1.25 cm and 2.5 cm of the size of the
bar is used for tonghold. The tonghold loss is equal to the volume of the
protections. For example, the tonghold loss for a bar of 2 cm diameter will be
=π/4 * 2^2 * 1.25 cu.mm
(iv) Sprue loss
The connection between the forging and tonghold is called the sprue or runner.
The material loss due to this portion of the metal used as a contact is called sprue
loss. The sprue must be heavy enough to permit lifting the workpiece out of the
impression die without bending. The sprue loss is generally 7.5 per cent of the net
weight.
(v) Shear loss
In forging, the long bars or billets are cut into required length by means of a
sawing machine. The material consumed in the form of saw-dust or pieces of
smaller dimensions left as defective pieces is called shear loss. This is usually taken
as 5% of the net weight.
From above we see that nearly 15 to 20% of the net weight of metal is lost during
forging. And as already said these losses must be added to the net weight to get
the gross weight of the material.
Forging Cost
The cost of a forged component consists of following elements:
(i) Cost of direct materials.
(ii) Cost of direct labour.
(iii) Direct expenses such as due to cost of die and cost of press.
(iv) Overheads.
(I) Direct material cost:
Cost of direct materials used in the manufacture of a forged component are calculated as
follows:
(i) The net weight of forging:
Net weight of the forged component is calculated from the drawings by first calculating the
volume and then multiplying it by the density of the metal used.
Net weight = Volume of forging × Density of metal.
(ii) Gross weight:
Gross weight is the weight of forging stone required to make the forged component. Gross
weight is calculated by adding material cost due to various factors discussed above, to the
net weight.
Gross weight = Net weight + Material loss in the process.
(iii) Diameter and length of stock :
The greatest section of forging gives the diameter of stock to be used and
Length of stock =Gross weight/ X Sectional area of stock *Density of
material
(iv) The cost of direct metal is calculated by multiplying the gross
weight by price of the raw material
Direct material cost = Gross weight × Price/kg.
(II) Direct labour cost:
 Direct labour cost is estimated as follows:
Direct labour cost = t × l
Where t = Time for forging per piece (in hrs)
l=Labour rate per hour
It is very difficult to estimate the exact time to forge a component. In
practice the forging time per component is estimated based on the
production of eight hours or a day.
(III) Direct expenses
Direct expenses include the expenditure incurred on dies and other equipment,
cost of using machines and any other items, which can be directly identified with
a particular product.
The method of apportioning die cost and machine cost is illustrated below:
Apportioning of die cost
Let cost of die = Rs. x
No. of components than can be produced using
This die (i.e., die life) = y components
Cost of die/component = Rs. x/y
Apportioning of machine (press) cost
 Let cost of press = Rs. A
 Life of press = B in year = n × 12 × 4 × 5 × 8 = 1920 n hours
(Assuming 8 hours of working per day, 5 days a week and 4 weeks a
month in 12 months of year)
 Hourly cost of production = A/B
 No. of components produced per hour = N
 Cost of using press per component =A /(BN) Rs.
(IV) Overheads expenses
The overheads include supervisory charges, depreciation of plant and machinery,
consumables, power and lighting charges, office expenses etc. The overheads are
generally expressed as percentage of direct labour cost. The total cost of forging is
calculated by adding the direct material cost, direct labour cost, direct expenses
and overhead
(a)
(b)
(c) (d)
20 50
20 25
50 Φ 40Φ 30Φ 20Φ
In the above figure,
diameter of a=50 mm
diameter of b=40 mm
diameter of c=30 mm
diameter of d=20 mm
Density of material is 7.86 gm/cc
Material cost = Rs. 150 per kg
Overhead cost = 150 % of labour cost
Labour cost = Rs. 50 per piece
Solution :
 Net volume of forged component
= π/4[ (5)2 ×3 + (4)2 × 3.5 + (3)2 × 3 + (2)2 × 5]
= π/4(178)
= 139.73 cc
 Net weight
= 139.73 × 7.86
= 1098 gm
= 1.098 kg
Losses:
 Scale loss = 6 percent of net weight
= 6/100× 1098
= 65.88 gms
= 0.065 kg
 Taking flash width = 20 mm Flash thickness
= 3 mm
 Flash loss = (periphery of parting line) × 2 × 0.3 × 7.86
= [2 (3 + 3.5 + 3 + 5) + 2 + (3 – 2) + (4 – 3)+
(5 – 4) + 5] × 2 × 0.3 × 7.86
= 39.0 × 2 × 0.3 × 7.86
= 183 gms
= 0.183 kg
 Tong hold loss = 2 × Area of cross-section of bar ×7.86
= 2 ×π/4× (2)2 ×7.86
= 197.44 gms
=0.197 kg
 Sprue loss = 7 percent of net weight
=7/100× 1098 gms
= 76.86 gms
= 0.076 kg
 Total material loss = 54.9 + 65.88 + 183 + 197.44 + 76.86
= 578 gms
 Gross weight = Net weight + Losses
= 1098 + 578
= 1676 gms
= 1.676 kg
 New length of 14 mm of bar required per piece
= Volume of forging/(Area of X – Section of bar)
=139.73÷π/4×(2)2
= 44.5 cm
 Direct material cost =(1676/1,000 )× 15
= Rs. 25.14
 Direct labour cost = Rs. 50 per piece
 Overheads = 150 percent f labour cost
= 1.5 × 50 = Rs. 75
 Cost per piece = 25.14+50+75
= Rs. 150.14
=Rs. 150
CONCLUSION:
 Product cost estimation is basically the process of determining the cost of a
product. Cost estimation is very critical and important in all types of
manufacturing processes. In forging cost estimation, determination of the forge
volume is very critical to find the required press or hammer capacity, flash
allowance, scale loss, billet weight and the forging material cost.
 A computer aided cost estimationsoftware has been developed.

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429022701-COST-ESTIMATION-IN-FORGING.pptx

  • 1. COST ESTIMATION FOR FORGING BY KUNAL MAYAVANSHI (ROLL NO: 202) M.E.-I (Production Engineering) Engineering Estimation and Costing Guided By Mrs. Shital Soni Faculty of Engineering and Technology
  • 2. FORGING Forging is a manufacturing process involving the shaping of metal using localized compressive forces. The blows are delivered with a hammer or a die. Forging is often classified according to the temperature at which it is performed: cold forging, warm forging or hot forging. Forging is a commonly used production method, here materials are deform plastically & shaped. Main industries like automotive & defence industry use forgings or buy forgings from forging companies.
  • 3.
  • 4. Forging Cost Items The cost for producing forgings depends on many factors, such as material, die, labor, equipment, inspection, heating and overhead costs etc. These charges may vary from plant to plant and also from product to product with in an individual plant. Product cost estimation of forging is basically the process of determining the cost of a product.
  • 5. The items that form up forging cost can be grouped as: 1. Material cost 2. Forging equipment cost 3. Tooling cost 4. Labor cost 5. Overhead cost 6. Billet heating cost 7. Secondary operations cost 8. Quality control cost 9. Packaging and transportation cost
  • 6. Breakdown of Total Costs for Steel Forgings
  • 7.
  • 8. Losses in Forging It is well known that some metal is always lost in the different operations of forging and this lost metal must be added to the net weight before calculating the material cost. The different losses to be considered are: (i) Scale loss. (ii) Flash loss. (iii) Tonghold loss. (iv) Sprue loss. (v) Shear loss.
  • 9. (i) Scale loss: This is the material lost because of the surface oxidation in heating and forging the piece. When iron is heated at a high temperature in atmospheric conditions a thin of iron oxide is formed all round the surface of the heated metal which goes as a waste. The iron oxide film is known as scale and it falls from the surface of the metal on being beaten up by the hammer. Scale loss depends upon the surface area, heating time and the type of material. For forgings under 5 kg loss is 7.5 per cent of the net weight, and for forgings from 5 to 12.5 kg and over an addition of 6 per cent and 5 per cent of the net weight is necessary for scale loss.
  • 10. (ii) Flash loss There is a certain quantity of metal which comes between the flat surfaces of the two dies after the die cavity has been filled in. This material equal to the area of the flat surface is a wastage. For finding the flash loss, the circumference is determined which multiplied by cross-sectional area of flash will give the volume of the flash. The volume multiplied by material density gives the flash loss. Generally, it is taken as 3 mm thick and 2 mm wide all round the circumference.
  • 11. (iii) Tonghold loss This is the loss of material due to a projection at one end of the forging to be used for holding it with a pair of tongs and turning it round and round to give the required cross section in drop forging. About 1.25 cm and 2.5 cm of the size of the bar is used for tonghold. The tonghold loss is equal to the volume of the protections. For example, the tonghold loss for a bar of 2 cm diameter will be =π/4 * 2^2 * 1.25 cu.mm
  • 12. (iv) Sprue loss The connection between the forging and tonghold is called the sprue or runner. The material loss due to this portion of the metal used as a contact is called sprue loss. The sprue must be heavy enough to permit lifting the workpiece out of the impression die without bending. The sprue loss is generally 7.5 per cent of the net weight.
  • 13. (v) Shear loss In forging, the long bars or billets are cut into required length by means of a sawing machine. The material consumed in the form of saw-dust or pieces of smaller dimensions left as defective pieces is called shear loss. This is usually taken as 5% of the net weight. From above we see that nearly 15 to 20% of the net weight of metal is lost during forging. And as already said these losses must be added to the net weight to get the gross weight of the material.
  • 14. Forging Cost The cost of a forged component consists of following elements: (i) Cost of direct materials. (ii) Cost of direct labour. (iii) Direct expenses such as due to cost of die and cost of press. (iv) Overheads.
  • 15. (I) Direct material cost: Cost of direct materials used in the manufacture of a forged component are calculated as follows: (i) The net weight of forging: Net weight of the forged component is calculated from the drawings by first calculating the volume and then multiplying it by the density of the metal used. Net weight = Volume of forging × Density of metal. (ii) Gross weight: Gross weight is the weight of forging stone required to make the forged component. Gross weight is calculated by adding material cost due to various factors discussed above, to the net weight. Gross weight = Net weight + Material loss in the process.
  • 16. (iii) Diameter and length of stock : The greatest section of forging gives the diameter of stock to be used and Length of stock =Gross weight/ X Sectional area of stock *Density of material (iv) The cost of direct metal is calculated by multiplying the gross weight by price of the raw material Direct material cost = Gross weight × Price/kg.
  • 17. (II) Direct labour cost:  Direct labour cost is estimated as follows: Direct labour cost = t × l Where t = Time for forging per piece (in hrs) l=Labour rate per hour It is very difficult to estimate the exact time to forge a component. In practice the forging time per component is estimated based on the production of eight hours or a day.
  • 18. (III) Direct expenses Direct expenses include the expenditure incurred on dies and other equipment, cost of using machines and any other items, which can be directly identified with a particular product. The method of apportioning die cost and machine cost is illustrated below: Apportioning of die cost Let cost of die = Rs. x No. of components than can be produced using This die (i.e., die life) = y components Cost of die/component = Rs. x/y
  • 19. Apportioning of machine (press) cost  Let cost of press = Rs. A  Life of press = B in year = n × 12 × 4 × 5 × 8 = 1920 n hours (Assuming 8 hours of working per day, 5 days a week and 4 weeks a month in 12 months of year)  Hourly cost of production = A/B  No. of components produced per hour = N  Cost of using press per component =A /(BN) Rs.
  • 20. (IV) Overheads expenses The overheads include supervisory charges, depreciation of plant and machinery, consumables, power and lighting charges, office expenses etc. The overheads are generally expressed as percentage of direct labour cost. The total cost of forging is calculated by adding the direct material cost, direct labour cost, direct expenses and overhead
  • 21. (a) (b) (c) (d) 20 50 20 25 50 Φ 40Φ 30Φ 20Φ
  • 22. In the above figure, diameter of a=50 mm diameter of b=40 mm diameter of c=30 mm diameter of d=20 mm Density of material is 7.86 gm/cc Material cost = Rs. 150 per kg Overhead cost = 150 % of labour cost Labour cost = Rs. 50 per piece
  • 23. Solution :  Net volume of forged component = π/4[ (5)2 ×3 + (4)2 × 3.5 + (3)2 × 3 + (2)2 × 5] = π/4(178) = 139.73 cc  Net weight = 139.73 × 7.86 = 1098 gm = 1.098 kg
  • 24. Losses:  Scale loss = 6 percent of net weight = 6/100× 1098 = 65.88 gms = 0.065 kg  Taking flash width = 20 mm Flash thickness = 3 mm  Flash loss = (periphery of parting line) × 2 × 0.3 × 7.86 = [2 (3 + 3.5 + 3 + 5) + 2 + (3 – 2) + (4 – 3)+ (5 – 4) + 5] × 2 × 0.3 × 7.86 = 39.0 × 2 × 0.3 × 7.86 = 183 gms = 0.183 kg
  • 25.  Tong hold loss = 2 × Area of cross-section of bar ×7.86 = 2 ×π/4× (2)2 ×7.86 = 197.44 gms =0.197 kg  Sprue loss = 7 percent of net weight =7/100× 1098 gms = 76.86 gms = 0.076 kg  Total material loss = 54.9 + 65.88 + 183 + 197.44 + 76.86 = 578 gms  Gross weight = Net weight + Losses = 1098 + 578 = 1676 gms = 1.676 kg
  • 26.  New length of 14 mm of bar required per piece = Volume of forging/(Area of X – Section of bar) =139.73÷π/4×(2)2 = 44.5 cm  Direct material cost =(1676/1,000 )× 15 = Rs. 25.14  Direct labour cost = Rs. 50 per piece  Overheads = 150 percent f labour cost = 1.5 × 50 = Rs. 75  Cost per piece = 25.14+50+75 = Rs. 150.14 =Rs. 150
  • 27. CONCLUSION:  Product cost estimation is basically the process of determining the cost of a product. Cost estimation is very critical and important in all types of manufacturing processes. In forging cost estimation, determination of the forge volume is very critical to find the required press or hammer capacity, flash allowance, scale loss, billet weight and the forging material cost.  A computer aided cost estimationsoftware has been developed.