| PRODUCTION COST: THREE FACTORS he guiding principle behind the choice of technology to be used is that of the lowest production cost. his is given by adding up three factors. he first is the cost of the raw material, which may be in sheets (for the sheet fed punching machines) or coil (for the coil punching machines and press stamping). he cost for all the raw material necessary for completing production is considered. To this should be added the cost of the tools. he tools for the punch presses with sheet are standard punches available from various manufacturers (e.g. thick turret punches). he latter produce a standard shape (round or square holes and so on) or special shapes at he tool for the stamping press is made to measure for the product to be manufactured. he standard punches undoubtedly have lower costs than the special press tools. he last factor is the hourly cost of the machine, which is multiplied by the hours that the machine will require to complete |