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Mat: UBa19T0250
MECHANICAL MANUFACTURING (MM) level 600
Course Title: Jigs & Fixture, Reliability, Cost Estimations
Course code: MEET6114
II-1 Define the following terms: Cost estimation; Industrial production; Chain of production;
Serial production; Unit production; Input; Output; Miscellaneous; Depreciation of machines;
Phase; Sub phase; Operation; Profit; Specification; Contractual delay; Quantitative estimate.
Cost estimation: Is the process of forecasting the financial and other resources needed to
complete a project within a defined scope.
Industrial production: it refers to the output of industrial establishments and covers sectors
such as mining, manufacturing, electricity, gas and steam and air-conditioning.
Chain of production: is a various stages that are involved in the production of a particular
product.
Serial production: is organized with a view to the quantity, it is used to manufacture large
quantities of goods.
Unit production: It’s the manufacturing technique used to produce a 0-5 products.
Phase: Phase are all operations carry out in the same working post.
Sub phase: is when you change the position of the piece in the same working post.
Contractual delay: refers to a time limit obtain after taking a work to realize.
Quantitative estimate: An approximation in the amount of material needed for the execution
of the project
III - 1 you need to study the realization of 450 000 of this assembling.
N1 = 450000/12 = 37500