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A cost index is the ratio of the actual price in a time period compared to that in a selected base period (a defined point in time or the average price in a certain year), multiplied by 100. Raw materials, products and energy prices, labor and construction costs change at different rates, and plant construction cost indexes are actually a ...
A surface plate is a solid, flat plate used as the main horizontal reference plane for precision inspection, marking out (layout), and tooling setup. [1] The surface plate is often used as the baseline for all measurements to a workpiece, therefore one primary surface is finished extremely flat with tolerances below 11.5 μm or 0.0115 mm per ...
The American Public Works Association publication, Special Report #62, describes the use and value of facility condition rating systems in Chapter 3.6. Within the US Federal Government, the "condition index" (CI) is a general measure of the constructed asset's condition at a specific point in time. [2]
A Allocation of costs is the transfer of costs from one cost item to one or more other cost items. Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. B Basis of estimate (BOE) - a document which describes the scope basis, pricing basis, methods ...
Machinability is the ease with which a metal can be cut permitting the removal of the material with a satisfactory finish at low cost. [1] Materials with good machinability (free machining materials) require little power to cut, can be cut quickly, easily obtain a good finish, and do not cause significant wear on the tooling.
The Moore family firm, the Moore Special Tool Company, independently invented the jig borer (contemporaneously with its Swiss invention), and Moore's monograph is a seminal classic of the principles of machine tool design and construction that yield the highest possible accuracy and precision in machine tools (second only to that of ...
The coefficient of thermal expansion of cemented tungsten carbide is found to vary with the amount of cobalt used as a metal binder. For 5.9% cobalt samples, a coefficient of 4.4 μm/m·K was measured, whereas 13% cobalt samples have a coefficient of around 5.0 μm/m·K.
The cost of the job is a combination of the price of the tool, the time taken by the milling machine, and the time taken by the machinist. Often, for jobs of a large number of parts, and days of machining time, the cost of the tool is lowest of the three costs. Material: High speed steel (HSS) cutters are the least-expensive and shortest-lived ...