Transcription of CASTING COST www.castmetals.com ESTIMATING
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NON-PROFIT POSTAGE PAIDSCHAUMBURG, ILPERMIT NO. 82 Cast Metals Institute, N. Penny LaneSchaumburg, IL Cast Metals Institute has been reviewed and approved as an Authorized Provider by the International Association for Continu-ing Education and Training (IACET), 8405 Greensboro Drive, Suite 800, McLean, VA 12-13, 2008 Holiday Inn ExpressFort Worth, TexasIn the past, foundrymen frequently produced castings without a detailed examination of material, tooling and labor costs. In today's competitive environment, this is no longer possible. Job- cost estimates become man-datory when a one-percent change could be the difference between profit and loss. Careful cost estimates and reliable standard costs are becoming necessary for economic survival. All employees who are in any way involved in the profit margin management process (which includes cost -reduction programs) should be educated to have a working knowledge of the costing/pricing management process.
NON-PROFIT ORG. U.S. POSTAGE PAID SCHAUMBURG, IL PERMIT NO. 82 Cast Metals Institute, Inc. 1695 N. Penny Lane Schaumburg, IL 60173-4555 www.castmetals.com
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