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by Diane Himes, MA Editorial Staff Posted on Monday, May 12, 2008 4:10:54 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | With the latest version of its Costimator software, MTI Systems broadens the data set used to estimate the cost of product development. |
| Keywords: | Product costing, product cost estimate |
Manufacturing cost estimating software provider MTI Systems today released version 9.0 of its Costimator OEM product, which, officials said, contains several enhancements for the assessment, identification, and reduction of product costs throughout the product development lifecycle.
Costimator OEM 9.0 contains an expanded set of feature-based cost models, including ones for prismatic and cylindrical machined components, sheet metal fabrication, and secondary non-machining operations.
“Understanding early in the product development lifecycle how new and alternative product designs affect cost allows companies to cut significant costs out of their products before reaching production,” said David LaJoie, MTI’s vice president of sales, in a statement.
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