Your manufacturing company is interested in developing a cost model to price a AM part that will be manufactured for production.

Based on data that they have collected:

Machine and ancillary equipment cost : $$1,000,000$

Equipment depreciation cost per year : $$130,000$

Machine Maintenance cost per year: $$50,000$

Machine operator cost per hour : $$\frac{40}{h}r$

Set up and prep time for each build : $30$min

Post processing time per build: $1hr$

Material Cost per Kg: $$\frac{275}{k}g$

They estimate the following:

a$.$ Number of parts made per year: $60,000$

b$.$ Each build can build $200$ parts simultaneously on a single platform

c$.$ Build time for each platform of $200$ parts: $25$ hrs

d$.$ The factory will run $\frac{24}{7}$ for $200$ days in a year.

Under this scenario what will be the cost per part?