Economic and Product Design Considerations in Machining

Ms. Aashi Agarwal

Abstract

The cost-effectiveness and quality of machined components are significantly influenced by economic and product design factors. The main elements and aspects at play, when economics and product design meet in the context of machining operations, are summarized in this chapter. Economic factors in machining cover a wide range of topics, such as the price of materials, the cost of tools, the price of labor, the use of the machine, and the effectiveness of total production. The choice of material has a significant impact on both the component's functionality and the associated machining costs. Cost reductions may result from utilizing materials as effectively as possible and reducing waste and scrap. Additionally, choosing the best machining technique and cutting parameters may improve output efficiency and cut down on machining time and expense. Manufacturing, functionality, and desired requirements are all taken into account while developing products for machining. Applying design for manufacturability DFM principles makes sure that the design can be effectively manufactured with the tools and equipment at hand. During the design phase, elements including component shape, tolerances, surface finishes, and accessibility for machining processes are taken into consideration. Designers may avoid production challenges and possible rework, lowering costs and lead times, by anticipating machining restrictions and capabilities.