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Engineering Material Cost Analysis

The document lists 16 resources needed for a construction project, including their material, cost per unit, demand, total cost, and other factors. It performs an economic order quantity analysis to determine the optimal order quantity and frequency for each resource to minimize total ordering and holding costs. The analysis recommends order quantities between 1 and 6 units at intervals ranging from every order to every 2 orders for each of the 16 resources.

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0% found this document useful (0 votes)
23 views6 pages

Engineering Material Cost Analysis

The document lists 16 resources needed for a construction project, including their material, cost per unit, demand, total cost, and other factors. It performs an economic order quantity analysis to determine the optimal order quantity and frequency for each resource to minimize total ordering and holding costs. The analysis recommends order quantities between 1 and 6 units at intervals ranging from every order to every 2 orders for each of the 16 resources.

Uploaded by

komalgunjite
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

Resource Commulati

[Link]. Material Label Initials cost/unit demand Total Cost % Ranking


Name ve Demand

1 Steel Kg S 60 6862 411720 411720 42.65% A


2 Cement bags C 350 800 280000 691720 29.00% A
3 Sand brass S 9,000.00 14 126000 817720 13.05% A
4 Aggregate brass A 2,000.00 21.07 42140 859860 4.37% A
5 Tiles sq f T 55 425 23375 883235 2.42% A
6 fan number f 1700 8 13600 896835 1.41% B
7 Electric wire bundle e 670 20 13400 910235 1.39% B
8 Bricks brass B 6,516.00 2 13032 923267 1.35% B
9 Admixture number A 3,070.00 3 9210 932477 0.95% B
10 WC pan number W 4500 2 9000 941477 0.93% C
11 Murum brass M 1100 7 7700 949177 0.80% C
12 shower number s 2500 2 5000 954177 0.52% C
13 taps number t 400 12 4800 958977 0.50% C
14 bulb number b 400 10 4000 962977 0.41% C
15 Sink(16x22) number S 1500 1 1500 964477 0.16% C
16 Excavation brass E 450 2 900 965377 0.09% C

965377
Material Ordering Holding
[Link]. Resource Name Initials cost/unit demand(D) Total Cost
Label cost(S) Cost(H)
1 Steel Kg S 60 6862 411720 8234.4 9
2 Cement bags C 350 800 280000 5600 52.5
3 Sand brass S 9,000.00 14 126000 2520 250
4 Aggregate brass A 2,000.00 21.07 42140 842.8 300
5 Tiles sq f T 55 425 23375 467.5 8.25
6 fan number f 1700 8 13600 272 255
7 Electric wire bundle e 670 20 13400 268 100.5
8 Bricks brass B 6,516.00 2 13032 260.64 250
9 Admixture number A 3,070.00 3 9210 184.2 250
10 WC pan number W 4500 2 9000 180 250
11 Murum brass M 1100 7 7700 154 165
12 shower number s 2500 2 5000 100 250
13 taps number t 400 12 4800 96 60
14 bulb number b 400 10 4000 80 60
15 Sink(16x22) number S 1500 1 1500 30 225
16 Excavation brass E 450 2 900 18 67.5

965377
2*D*S (2*D*S)/H EOQ feasible EOQ total cost [Link] orders C order of quantities
113008906 12556545 3543.522 3600 216000 1.9061111111 2
8960000 170666.67 413.1182 420 147000 1.9047619048 2
70560 282.24 16.8 17 153000 0.8235294118 1
35515.592 118.38531 10.8805 10 20000 2.107 2
397375 48166.667 219.4691 220 12100 1.9318181818 2
4352 17.066667 4.131182 4 6800 2 2
10720 106.66667 10.32796 10 6700 2 2
1042.56 4.17024 2.042117 2 13032 1 1
1105.2 4.4208 2.10257 2 6140 1.5 1
720 2.88 1.697056 2 9000 1 1
2156 13.066667 3.614784 4 4400 1.75 2
400 1.6 1.264911 2 5000 1 1
2304 38.4 6.196773 6 2400 2 2
1600 26.666667 5.163978 5 2000 2 2
60 0.2666667 0.516398 1 1500 1 1
72 1.0666667 1.032796 1 450 2 2
time betwn order
Resource Material Ordering Holding
[Link]. Initials cost/unit demand(D) Total Cost feasible EOQ
Name Label cost(S) Cost(H)

1 Steel Kg S 60 6862 411720 8234.4 9 3600


2 Cement bags C 350 800 280000 5600 52.5 420
3 Sand brass S 9,000.00 14 126000 2520 250 17
4 Aggregate brass A 2,000.00 21.07 42140 842.8 300
10
5 Tiles sq f T 55 425 23375 467.5 8.25 220
6 fan number f 1700 8 13600 272 255 4
Electric
7 bundle e 670 20 13400 268 100.5
wire 10
8 Bricks brass B 6,516.00 2 13032 260.64 250 2
Admixtur
9 number A 3,070.00 3 9210 184.2 250
e 2
10 WC pan number W 4500 2 9000 180 250 2
11 Murum brass M 1100 7 7700 154 165 4
12 shower number s 2500 2 5000 100 250 2
13 taps number t 400 12 4800 96 60 6
14 bulb number b 400 10 4000 80 60 5
Sink(16x2
15 number S 1500 1 1500 30 225
2) 1
Excavatio
16 brass E 450 2 900 18 67.5
n 1
No of Corrected Date Date used Date used justificati
orders total cost ordered from to on
2 432000
2 294000
1 153000
2 40000

2 24200
2 13600

2 13400
1 13032

1 6140
1 9000
2 8800
1 5000
2 4800
2 4000

1 1500

2 900

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