Software review for estimating the injection moulding cost

Abstract

Accurate estimates of moulding and mould costs are a must for injection moulders. They make all the difference between profit and loss. Estimates can be prepared manually but it is a laborious process, prone to error and omission. Software solutions, on the other hand, do away with calculation errors, prompt for the right steps, store algorithms and data, ensure that all estimates are prepared on a common basis, encourage what-if experiments, and store and recall past work. It should be an open-and-shut case for software. This review has revealed the diversity of approach displayed by injection moulding cost estimating programs.