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Manufacturing cost — Edexcel GCSE Design and Technology Definition

Home
Design and Technology
Key terms
Manufacturing cost

GCSE Design and Technology · key term

Manufacturing cost

Definition

The expense of converting material into a finished product, including machinery, setup, labour and energy.

Used by Edexcel

How each exam board covers it

Edexcel GCSE Design and Technology · 1DT0

Specification 2.3.4 · Paper 1

Revise: Cost Factors

Edexcel Design and Technology past papers

Related key terms

CNC machining
Commodity
Electric arc furnace (EAF)
London Metal Exchange (LME)
Material cost

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Primary production

Reference price

Scale of production