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Optimizing the Lead Time and Cost of Progressive Tool

Author(s):

N.Nirmal , R.M.K. College of Engineering and Technology; A.Vignesh, R.M.K. College of Engineering and Technology; Subhash Prabhu, FL SMIDTH Pvt.Ltd; S.Senthil Gavaskar, R.M.K. College of Engineering and Technology; S.Vignesh, R.M.K. College of Engineering and Technology

Keywords:

Lead time, Progressive tool, Machining time, Tool design

Abstract

The aim of the project is to optimize the lead time and cost of Progressive tool. The progressive tool is the master pattern for producing the brake components. Manufacturing of this tool takes a long time which results in high machining cost due to long running of machines. Hence the main objective of this project is to analyze the production process thoroughly and approach a different method to reduce the total machining time in manufacturing Progressive tool. The paper reveals with understanding and gathering a lot of information about the production process that involves studying the industrial Blue prints in manufacturing this tool and how to develop the project from initial stage to final stage with the help of company professionals. Based on the study and calculations, ABC Analysis and PERT charts are made in order to achieve the goal of the project.

Other Details

Paper ID: IJSRDV3I40936
Published in: Volume : 3, Issue : 4
Publication Date: 01/07/2015
Page(s): 3382-3386

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