Magnet Costing Tool

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The permanent magnet manufacturing costing is the process of selecting Raw materials, Manufacturing process, overhead expenses, and conducting a thorough analysis, manufacturers can determine the cost of magnet production and establish appropriate pricing for their products. It is important to note that the costing process may vary depending on the specific manufacturing techniques, scale of production, and market conditions

A) General Part Information

Part Number:-
- Part Number which is usually mentioned on the drawing. (Alphanumeric values are accepted).
Part Description:-
- Enter Part Description which is usually mentioned on the drawing for example Bumper, Cover, Upper body, etc. (Alphanumeric values are accepted).

B) Volume (Number of Pieces Produced)

Annual Volume:-
- Number of Pieces that are Required in a Year. (Limit set for the tool: 1-10000000 Nos).
Lot Run Size:-
- The Number of Pieces to be Processed in a Single Setup
(Limit set for the tool: 1 – 10000000 Nos)
(Note: - Suggested value in Input box is Avg. monthly lot run Size. If you want to change simply override this value.) .

C) Minimum Part Requirement

Part Net Weight as per drawing (Kg)::-
- Enter part net weight in (Kg). (Limit set for the Tool – 0.01 Kg to 100 Kg)
Material Type:-
- Select Magnet: Select the type of Magnet from the given dropdown which is Ferrite Magnet, NdFeB Magnet, SmCo Magnet, and Alnico Magnet..