Product Costing for Designers Master Class TM
With Real Time Case Study and Case Method
Updated on Jun, 2024
Language - English
Product Design,Product Management,User Experience,User Experience Design,User Interface,
Lectures -11
Duration -57 mins
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Course Description
About the Master Class:
This course teaches students about the costing knowledge which is required being a designer. Basic elements and components of costing have been discussed in detail along with different types of costing such as reference costing zero is costing and comparative costing. Also many components names like inventory cost machine hour rate labour cost overheads cost profit margins parking cost has been discussed in detail to get a complete view for designers when it comes to material costing.
Design philosophy:
As I used to say in my design courses, that design cannot be learned in the rot learning or Text book way of learning that you do through a chapter wise and remember some formulas that will yield you some solutions. Design is unique and when different people approach the same problems we will get different solutions based on the inputs that designer works on.
So design can be approached in the way of learning through the case studies and by doing action on your own to learn yourself.
Learning by doing and learning by action.
Goals
Benefits of the Master Class:
Students will learn about the components of costing which includes ROMaterial, processing cost, overheads in detail with examples.
Also this course teaches about why materials costing knowledge is required for designers and how it plays a five little role in interfacing with the engineering team with respect to economic and cost restrictions.
In-depth knowledge of machines, our rate and how to arrive for each machine based on the Capex of the machine, overheads of the machine, consumables and non-consumables of the machines, maintenance and its appreciation and appreciation cost.
Students can learn about how costing could be easily put into a product like a pen and how we are able to compare it with the market to see the difference in what mistake you made.
In-depth knowledge of zero based costing and how the elements are playing in that.
Also a very quick based costing which is comparative costing and reference costing can make costing very easy even when you have a confidential or don't know anything about the material we still are able to calculate the cost with the reference costing method.
After attending this course designers will definitely have a very good knowledge about costing and its awareness and that can impact largely when it comes to designing the products more efficiently more cost-effective than putting the value stream in the process of supply chain
Prerequisites
Anyone can learn this class it is very simple
Students are advised to take notes for self-reflection purposes
No prior experience is needed to join this course
Anyone who wants to learn Product Costing for Designers with real time case studies
Curriculum
Check out the detailed breakdown of what’s inside the course
Introduction Product Costing for Designers
1 Lectures
-
Introduction Product Costing for Designers
03:50
03:50
Why Designers needs to Costing ?
1 Lectures
Zero Based Costing
1 Lectures
RAW Material costing
1 Lectures
Processing Cost - Machine Hour Rate
1 Lectures
Overheads cost Invetory, Logistics, Maintenance
1 Lectures
Learnings from Zero based Costing
1 Lectures
Variable costing
1 Lectures
Reference Costing
1 Lectures
10
1 Lectures
Recap Learnings & Conclusion
1 Lectures
Instructor Details
Dr. FAK Noble
Dear Esteemed Life Long Learner,
Warm greetings!
Allow me to introduce myself; I am Noble, a seasoned professional in the realms of Global Future Skills, Ai, Computer Science, Innovation & Pure Consciousness. I bring a wealth of experience from my tenure as an ex-employee at General Electric (GE) and Wipro Technologies.
At Noble Transformation Hub, prestigious TM ®️ certification. Over the years, I have had the privilege of serving and impacting over 100,000 students and 500+ teachers across 170 countries. Notably, our courses have received outstanding ratings, with 4.7+ out of 5 stars from more than 100000+ students.
My academic journey includes the honor of holding a Hr. Doctorate in Artificial Intelligence and Machine Learning, coupled with 15+ years of expertise as a Pure Consciousness practitioner. For the past 15 years, I have actively contributed to the field of AIML, Data Science, Deep Learing, Value Innovation and Global Future Skills through implementation and value research.
Post Graduate Program in Artificial Intelligence and Machine Learning at The University of Texas at Austin, GL
Acknowledging my efforts, I've been honored with 300+ awards. As a lifelong learner, I've delved into Future Skills, Future Technologies, Art Creativity, and Value Innovation. My skills span self-taught expertise in Computer Science, Artificial Intelligence, Super Pure Consciousness, and Design Thinking and Value Innovation
My professional portfolio boasts collaborations with renowned entities such as GE, Wipro Technologies, the Himalayan Institute of Alternatives in Ladakh, Teach for India, Harvard Medical School, the University of Texas at Austin, and Toastmasters International. Entrepreneurially, I've successfully initiated and expanded two startups from a family business to national and international levels.
The spectrum of skills I offer includes Real-Life Digital Skills, Future Skills, Pure Consciousness Skills, Value Technology Skills, Soft Skills, Real Life Project Management Skills, Real Life Entrepreneurship Skills, and Computer Science and Artificial Intelligence Skills. Additionally, my expertise extends to Attention, Focus, and Consciousness.
Having executed over 100 projects in the last 15 years, I am now on a mission to share my knowledge globally. Through my courses and YouTube channel, I aim to impact the lives of millions students. My vision for the next decade is to impart real-life problem-solving with Artificial Intelligence and economic skills to over 5 billion people worldwide, both online and offline, while upholding the true values of consciousness.
Together, let's cultivate a future where skills empower and uplift humanity.
With gratitude till infinity,
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