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Cost Based Designing ( Practical) [1]

Paper Code: 
TJD-202
Credits: 
T 2
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

This course will enable the students to –

  1. Understand costing process of jewellerydesign.
  2. Impart in-depth knowledge of manual & computerised cost estimation of jewellery.

Course Outcomes (COs):

Course

Learning outcomes

(at course level)

Learning and teaching strategies

Assessment Strategies

 

Paper Code

Paper Title

 

 

 

TJD 202

 

 

 

Cost Based Designing

 

 

The students will be able to –

 

CO14: Calculate the average cost of jewellery Product.

CO15: Design jewellery product keeping cost in mind.

CO16: Price the Jewellery Product.

CO17: Determine markup price for single and wholesale order jewellery.

 

Approach in teaching:

Interactive Practical Sessions, problem solving exercises, Demonstrations, Giving tasks, Field practical,Workshop, Laboratory industry visits, Group and Team Work

 

Learning activities for the students:

Self-learning assignments, Effective questions

 

Class test, Semester end examinations, Assignments, Presentation, Individual and group projects

 

10.00
Unit I: 
Costing and Pricing Strategies, Objectives & Pricing formula
  • Costing  of a  Jewellery Piece
  • Wastage
  • Labour Cost  
  • Determination of Profit
  • Selling Prices
  • Jewellery Purchasing
     
20.00
Unit II: 
Cost-Based Designing
  • Designing a Pendant and earring Set for a Particular Cost-Price
  • Designing a Ring for a Particular Cost-Price
  • Designing a Earring  for a Particular Cost-Price
     
15.00
Unit III: 
Costing in MS Excel
  • MS Excel
    Introduction, spreadsheet, workbooks, saving a file, opening an existing worksheet, Rows and columns, cell entries (numbers, labels, formulas),
  • Various tools & Functions:                   
    Filling series, Functions and its parts, Some useful Functions in excel (SUM, AVERAGE, COUNT, MAX, MIN, IF) .Data sort, Renaming  sheet, Printing worksheet.
  • Costing :
    Insert Picture, Rate of Metal & Gem stones, Labour, Wastage,  Determination of Profit and selling price.

 

Essential Readings: 

       BOOKS RECOMMENDED:

Academic Year: 
2020-2021 [4]

Follow Jewellery Designing on:

IIS (Deemed to be University)

Gurukul Marg, SFS, Mansarovar, Jaipur 302020, (Raj.) India Phone:- +91-141-2400160-61, 2397906-07, Fax: 2395494, 2781158

Source URL: https://jewellery.iisuniv.ac.in/courses/subjects/cost-based-designing-practical

Links:
[1] https://jewellery.iisuniv.ac.in/courses/subjects/cost-based-designing-practical
[2] http://www.amazon.com/exec/obidos/ASIN/1558704353/jewlerymall
[3] http://www.amazon.com/exec/obidos/search-handle-url/ref=ntt_athr_dp_sr_1?%5Fencoding=UTF8&search-type=ss&index=books&field-author=Renee%20Newman
[4] https://jewellery.iisuniv.ac.in/academic-year/2020-2021