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Prosthetic Arm Force Reducer Team 1 – Halliday's ... - Ohio University

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Table 7.3.2 - Alpha Prototype Total Costs<br />

Alpha Prototype<br />

a. Total Time to Complete in Hours<br />

Complete Manufacture and Assembly<br />

40<br />

b. Labor rate for the Operation ($/hr) $15 (level 2 skilled Labor)<br />

c. Labor Cost ($) = a x b 600<br />

d. Basic Overhead Factor 1<br />

e. Equipment Factor 0.5<br />

f. Special Operation/Tolerance Factor 0.25<br />

g. Labor/Overhead/Equipment Cost ($) = c x (1+d+e+f) 1650<br />

h. Purchased Materials/Components Cost 178.17<br />

Total Cost for Alpha Prototype Production: $1828.17<br />

With the final production cost of $1828.17 dollars was simply too high of a price for any person<br />

to purchase the system. Table 7.3.3 shows the material costs if ten beta units were produced.<br />

For ten prototypes only one section of tubing needs to be purchased which drastically reduces the<br />

individual material costs. The total amount of material costs is $508.56 to produce ten units.<br />

This is only $50.86 dollars in material costs to produce one beta prototype. This results in a<br />

decrease of $127.31 in material costs for every beta prototype.<br />

Table 7.3.3 - Material Cost for Ten Beta Units<br />

Part Use Price Quantity<br />

2-1/2" DIA. Round Piping Rings $72.89 1<br />

1/2"x1/2" Square Piping Tracks $7.82 5<br />

Pulley Pulley $20.46 10<br />

1/4" DIA. Stock Axle, Misc. $5.95 2<br />

3/32" Wire Rope Cable $1.34/ft 30<br />

Oval Sleeve for<br />

3/32" Rope<br />

Cable<br />

Attachments<br />

$8.43/pack 3 packs<br />

1" OD Flat<br />

Washer<br />

Bolts for<br />

Attachment<br />

$8.64/pack 3 packs<br />

Truss Head<br />

Attach Rings<br />

$10.64/pack 3 pack<br />

Machine Screw<br />

Set Screw<br />

Shaft Collar<br />

to <strong>Arm</strong><br />

Lock Pulley<br />

in Place on Axle<br />

$2.84 20<br />

The manufacturing for the beta types would also be reduced considerably. Using the same<br />

method for the alpha prototype, the overall manufacturing costs for a beta prototype is shown in<br />

Table 7.3.4. From previous experience and time trials the total time to complete the different<br />

operations are shown. It is also assumed that the labor will be paid $15 dollars an hour for their<br />

work. All of the other factors are the same as the alpha prototype. From this the total<br />

46

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