Renault Nissan Technology & Business Centre India Design Costing Engineer Interview Questions and Answers

Costing is the process of estimating the expenses involved in the design and production of a product.

• Costing involves analyzing all the components and processes required to manufacture a product

• It includes materials, labor, overhead costs, and any other expenses

• Costing helps in determining the selling price of a product and ensuring profitability

• Costing can vary based on the complexity of the design and the quantity of

Factors to consider for costing include materials, labor, overhead, profit margin, and market demand.

• Materials cost - consider the cost of raw materials needed for production

• Labor cost - factor in the cost of labor required to manufacture the product

• Overhead cost - include overhead expenses such as utilities, rent, and equipment maintenance

• Profit margin - determine the desired profit margin for the product

• Market demand...read more

The target for stamping cost for minimum tonnage is typically set based on the material, complexity of the part, and production volume.

• Consider the material cost and type of material being used for stamping.

• Evaluate the complexity of the part being stamped, as more complex parts may require higher tonnage and therefore higher costs.

• Take into account the production volume, as higher volumes may allow for economies of sc...read more