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Project Proposal

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					Project Proposal

SUPER-TECH, INC.
PLANT NO. 2
 IET 418 – GROUP 4

Group Members:
•Johnny Baker – IET, AAS Operations Technology Industrial
Engineering Technology Option


•Vince Fullenkamp – MCT

•Tim Poirier – CET
                   Purpose
In response to a request from Hi-Tech, Inc. our
   team is putting together a proposal for a new
   product.
Project Outline

 To create the best bid for Hi-Tech we
  complied figures form several different
  sources to give us a best case scenario given
  the data provided for cost as well as the time
  required to produce the specified part.
Time Study

 Based on data from an intern we were able to
  create a time study for the process necessary
  to create the new product.

 The basic formula used to create the time
  study was:
   Ts = (Times collected / number of cycles) * PR *
    PFD
Time Study
Material Cost

 To predict what the new product for Hi-Tech
  would cost a Material Cost estimate was
  preformed to obtain the cost of the material
  required to make the part.
Material Cost Estimate
Operations Sheet

 To further our bid for Hi-Tech we created an
  Operations sheet to give us a better idea on
  costs.
Operations Sheet
WBS

 To better illustrate the work flow proposed to
  create the part for Hi-Tech, a WBS was
  created.
Alternative Options

 While working on this proposal it has come to
  our attention that another alternative is
  available, while differing from the outlined
  operation, this new method could yield better
  results.
Alternative Options

 The current processing method of producing this part is
  overkill. A turret lathe and a broach can be used to
  manufacture this part in lieu of using a lathe, drill press,
  end mill, and slab mill. This method of using just a turret
  lathe and a broach can reduce the amount of time that is
  takes to manufacture the part. Handling time, floor
  space usage, energy costs, setup time, tool cost and
  manpower hours can all by reduced by employing this
  proposed method.
ANY QUESTIONS?

				
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