This course helps in understanding the process of manufacturing cost calculation of products manufactured using various types of machine tools.

This knowledge is very essential for all who are associated with manufacturing activities in any capacity, Viz  

• Persons whose job function covers product costing  
• Engineers responsible for production related activities 
• Purchase / vendor development engineers 
• Middle level managers responsible for day to day smooth operation of manufacturing activities within budgeted costs. 
• Fresh engineers looking for job. This course will improve their employability. 
• Owners / Directors of small scale industries 
• Final year students of engineering colleges.   
• Persons planning for start up
• All those who understand importance of costing

This knowledge will further help in cost analysis and possibility of cost reduction improving marketability of their products. Suggestions for cost reduction without hampering quality are always welcome by companies and are rewarded directly or indirectly like more responsible positions, higher remunerations. It will help middle level managers to reduce wastage of anything since they can visualise the wastage in terms of money.

Capability of justifying cost benefits of your actions is always a winning factor in industry, because running an industry is an economic activity. A person who can estimate cost of various activities involved in product making, becomes a decision maker. That means higher responsibility, higher position, higher remuneration.

 A series of related courses are conducted regularly for imparting in-depth knowledge of each step of product costing process . This course will explain the importance of knowing this subject in more depth.