How do I estimate price of a design?

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SUMMARY

The discussion centers on estimating the price of modifying a vibro-feeder, specifically focusing on the costs of individual parts such as 1.5mm formed steel or aluminum plates. Participants emphasize the importance of evaluating raw material costs and preparation expenses. They recommend preparing detailed drawings and specifications to solicit quotes from manufacturers. Reliable websites for pricing information are also sought to aid in the estimation process.

PREREQUISITES
  • Understanding of material costs for 1.5mm formed steel and aluminum.
  • Knowledge of preparation costs associated with manufacturing parts.
  • Ability to create technical drawings and specifications.
  • Familiarity with sourcing and evaluating manufacturers for quotes.
NEXT STEPS
  • Research current market prices for 1.5mm formed steel and aluminum plates.
  • Learn about cost factors in manufacturing preparation for custom parts.
  • Explore software tools for creating technical drawings and specifications.
  • Investigate platforms for comparing manufacturer quotes and services.
USEFUL FOR

Engineers, product designers, and procurement specialists involved in the modification and pricing of manufacturing components.

Butters
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How do I evaluate the price of the vibro-feeder that I'm modifying? I need to find out how much it would cost to create individual parts, i.e. 1.5mm formed steel or aluminum plate etc.
I guess I should evaluate raw materials first but how much does the preparation costs, any reliable websites?
 
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Prepare some drawings and specifications and shop them around to manufacturers.
 

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