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In order to determine the best way to evaluate materials selection from an economic standpoint, a discussion of conventional cost estimation is given versus a more precise technique, Technical Cost Modeling. Automotive body panels are used as an application for the costing techniques; conclusions about fabrication costs and parts consolidation are drawn with regard to these parts.

In the past decade, the demand for and development of tailor-welded blanks (TWBs) has increased dramatically. TWBs help reduce body mass, piece count and assembly costs, while potentially reducing overall cost. IBIS Associates, Inc. has performed a cost analysis of tailor welded blank manufacturing through the use of Technical Cost Modeling (TCM), a methodology used to simulate fabrication and assembly processes. IBIS has chosen the automobile door inner panel for comparison of TWBs and conventionally stamped door inners with added reinforcements. Manufacturing costs are broken down by operation for variable costs (material, direct labor, utility), and fixed costs (equipment, tooling, building, overhead labor, maintenance, and cost of capital). Analyses yield information valuable to process selection by comparing cost as a function of manufacturing method, process yield, production volume, and process rate.

Automotive exterior body panels are a critical component of today's vehicle. They provide a surface for painting, offer the first line of defense against damage from accidents and the elements, and in most cases add to the overall stiffness of the vehicle. Despite small inroads from aluminum and polymer systems, steel remains the predominant body panel material. Of the alternatives, sheet molding compound (SMC) has been the most successful challenger. This paper examines the cost and market conditions affecting SMC today and in the near future. The impact on cost of SMC compression molding process improvements is assessed over a ten year period for a full body panel set. These results are compared to stamped steel as a function of annual production volume and other key factors. The result is a cost “crossover” point below which SMC has the lower cost.