Estimation & casting

The pre determination of the cost of article is termed as

• Costing
• Accounting
• Estimation
• Rating

For filling up tenders enquiries                          is essential.

• Costing
• Estimation
• Accounting
• Purchase order

The estimates are sent to the Sales Department for fixing up the

• Cost
• Profit
• Selling Price
• Loss

Cost estimates of different products in a plant is carried out by trained person called                        

• Planner
• Designer
• Estimator
• Draughtman

Estimation is

• Finding profit
• Listing raw material
• Pre-determining the cost
• Designing

To help the factory owner in deciding the manufacturing and selling policies is called as                        

• Costing
• Estimation
• Manufacturing
• Designing

Estimation is done to determine

• Design part
• Manufacturing and selling policy
• For waste control
• Raw material Cost

The Aim of Estimating the cost of an item is

• To arrange the labour
• To arrange for the money
• To determine the total expenditure
• To determine raw material cost

Accurate estimate is very essential for

• Design
• Raw material
• Accounting
• To sustain the competition in the market

An accurate estimating is very necessary to compete in the market , whether manufacture of particular article will be                    

• profit
• loss
• both A & B
• Rating