Standard Article

Manufacturing: Economic Consideration

  1. Chung Hae Park1,
  2. Woo Il Lee2

Published Online: 20 JUL 2012

DOI: 10.1002/9781118097298.weoc129

Wiley Encyclopedia of Composites

Wiley Encyclopedia of Composites

How to Cite

Park, C. H. and Lee, W. I. 2012. Manufacturing: Economic Consideration. Wiley Encyclopedia of Composites. 1–13.

Author Information

  1. 1

    University of Le Havre, Le Havre, France

  2. 2

    Seoul National University, Seoul, Korea

Publication History

  1. Published Online: 20 JUL 2012


In this article, cost is defined and various components of cost to manufacture composite material products are presented. These components include material cost, labor cost, and tooling and capital cost. Factors constituting these components of cost are discussed in detail. Various costing methods being used in practice are introduced. Finally, it is explained how efforts to protect the environment affect the cost of composites.


  • composite manufacturing;
  • cost;
  • cost engineering;
  • environment;
  • performance requirement