In an attempt to survive the worst, the research looked at ways to harness the modern techniques of increasing productivity and reducing operating costs in a fabricated metal manufacturing organization. The development of design systems, which ensure economic feasibility, has been the focus of recent research in the manufacturing area. Some traditional approaches have been cited as having shortcomings, to which a variety of modifications and enhancements were made to the case study company by seeking integrating economic analysis within the design process. Application of techniques such as value analysis, time study, work measurement, redesign and layout design and analysis were employed in this work to generate optimum solutions. And the Extend simulation package was used for varying decision variables.