1. Formula Student 2011 Cost Judging Feedback Richard Hale
Head Cost Judge

2. Congratulations Cost Winners University Of Bath
Cost Judging Feedback 2011
Congratulations
Cost Winners
University
Of Bath
Well done to University of Bath, for a perfect report and Special task, hence winning the Cost Event

3. Cost Judging Feedback 2011 Know Your Car Prepare Sell Your Car
Special Task
FS2012

4. Cost Judging Feedback 2011 Know Your Car Understand processes
How are the parts manufactured
Focus on the cost of all parts of the car
Consider alternative processes
Consider cost trade off’s
Last years acceptance does not mean it should be this year
Re consider, maybe you can do something better
Variance analysis have a cost at the start
Set a base line and adjust as you go

5. Cost Judging Feedback 2011 Prepare from Day 1
Read the rules (and then read them again)
Know the objectives of the competition
Know why you are going a certain route
Set up the cost report from day 1
Do the costing as you build and design the car
Provide justification
Logical flow of processes
Don’t re-invent the wheel, keep it simple
Use the tables provided
If you don’t know, ask
Use the FS questions database

6. Cost Judging Feedback 2011 Sell Your Car
Be proud of what you have achieved
And be proud of your car
Tell us about it
Tell us why its special, and how its going to win....
The standard has been very high overall, well done

7. Cost Judging Feedback 2011 Special Task
High level of special tasks this year overall
Consider the total process from raw material to finished part
Focus on the content not just the presentation
Start with the basics
Relate to real world costs and scenarios
Total cost from start to finish

8. Thank you Cost Judging Feedback 2011 Thank you to all the judges
Thank you to all the students