Evaluation Check List

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Cost Justification:

In order to do cost Justification, it is necessary to collect the annual costs for various items as the part is being welded manually or semi automatically.
1. Increase in Production rate.
2. CTC of Welder
3. Cost Reduction of Consumables.
4. Cost of Welders Training.
5. Cost of rework/ Scrap.
6. Cycle Time (Floor to Floor)
7. Cost of Floor Space (Rs/Sqft)
8. Cost of Inspection.
9. Other