i need to calculate the market price of mechanical components. I know the tooling cost of this component. Is there any other parameter are needed for calculation?
HI
there is a standard calculation sheme
material
+ shared matial costs
+ production line costs
+ shared production line costs
+ shared administration costs
+ shared distribution costs
+ profit
this is the short version!
hope this could help you
Ferdinand Wilhelm answered beautifully, just another point:
Price offered by the competitors (if any available).
There are two different concepts that can not been confused or mixed.
If I have understood it well, your are asking for the market price that could have de mechanical component.
That depends of the valor the component could ad at the device it could be applied and how much the market could accept to pay for this value added.
A good way is to try to compare other already existing solutions and the advantages the final users can have.
Of course what the market accept to pay must cover the cost+profit do you intend to get, otherwise means the component is not the right one.
Market price is a subjective value which cannot be "calculated" it can only be obtained by a market analysis.
"Calculated " can be the cost of a component.
Price is what the customer accepts to pay for a "service" it depends on how much the "service" brings to him on how important is the "service" for him. It depends on the relationship between demand and offer and several other factors.
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