You can apply shrinkage in PART MODE (at least as of 2001) so you DO NOT NEED Pro/MOLDESIGN (or Pro/CASTING for that matter):
About Shrinkage in Molding or Casting
Shrinkage is the contraction of the molding or metal casting as it solidifies and cools. Applying shrinkage values to the reference model increases the dimensions of the reference model in proportion to the amount of shrinkage that occurs during the molding or casting process.
Before starting the molding or casting process, you must set options for shrinkage control within Pro/ENGINEER. You can use two methods of applying shrinkage: by dimension and by scaling. You can set these options in Mold, Cast, or Part mode. For more information, refer to the online help for Pro/MOLDESIGN and Pro/CASTING, or search the Index on shrinkage.
IN PART MODE, when you choose Shrinkage from the PART > Set Up menu, the SHRINKAGE menu appears with the following commands:
To have or not shrinkage feature depends on proe release. In the company i work for there is a foundation version which hasn't this feature. I guess the solution is to upgrade to a newer version. Wildfire i guess. It has a lot of features previously weren't in foundation but in other modules.
Shrinkage is USED through part mode, but you can only use it in PART mode if you have a license, I know first hand. I have Foundation Advantage and when you click on shrinkage it says you need the MOLDESIGN module.
It shouldn't be anywhere else on the help file, since it is on Part Design, but it's just not active if you don't have the module.
This foundation does not have this shrinkage feature (unless it is hidden), layouts, simplified reps for assys, does not have for sufaces: VSS, Swept blend, helical sweep, boundaries, free form etc. I know there is a foundation version that has these options, and if you purchase wildfire today, it includes not only these options but complete AAX.
I think this is now in foundation due mainly to solidworks. That is a point in favour of Solid Works and competitors.