 As an industrial process, the cost of welding plays a crucial role in manufacturing decisions. Many different variables affect the total cost, including equipment cost, labor cost, material cost, and energy cost. Depending on the process, equipment cost can vary, from inexpensive for methods like shielded metal arc welding and oxyfuel welding, to extremely expensive for methods like laser beam welding and electron beam welding. Because of their high cost, they are only used in high production operations. Similarly, because automation and robots increase equipment costs, they are only implemented when high production is necessary. Labor cost depends on the deposition rate (the rate of welding), the hourly wage, and the total operation time, including time spent fitting, welding, and handling the part. The cost of materials includes the cost of the base and filler material, and the cost of shielding gases. Finally, energy cost depends on arc time and welding power demand.
