Cost Estimation of machining parts using Machine Learning

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Cost Estimation of machining parts using Machine Learning

Date

Nov 05, 2019

Categories

Data science

Project

The project was to explore various machine learning techniques to estimate manufacturing cost of aircraft parts

Project Details

A data set containing 1000+ parts along with its machining requirement, machine time, labor cost and the material cost was provided. The challenge was to build a machine learning model to predict each cost (labour, machining and material cost). The major part of the time was utilized for preprocessing the data to train the model. I chose two models to preprocess and build a regression model for prediction. The pre-processing involved feature reduction and feature selection to reduce 28+ variables for prediction.The regression model built using filter and wrapper methodd. The R^2 could explain about 95 % of the variation.

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