Batch Size given Total Production Cost Calculator

✖Total Production Cost is the total amount that it takes to produce a batch of components from scratch.ⓘ Total Production Cost [TPC]			+10% -10%
✖Production Cost of Each Component is the total amount that it takes to produce a single component from scratch.ⓘ Production Cost of Each Component [C_pr]			+10% -10%

✖Batch Size is the count of similar kinds of products to be manufactured.ⓘ Batch Size given Total Production Cost [N_b]

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Formula

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Batch Size given Total Production Cost

Formula

`"N"_{"b"} = "TPC"/"C"_{"pr"}`

Example

`"2"="30000"/"15000"`

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Batch Size given Total Production Cost Solution

STEP 0: Pre-Calculation Summary

Formula Used

Batch Size = Total Production Cost/Production Cost of Each Component
N_b = TPC/C_pr
This formula uses 3 Variables

Variables Used

Batch Size - Batch Size is the count of similar kinds of products to be manufactured.
Total Production Cost - Total Production Cost is the total amount that it takes to produce a batch of components from scratch.
Production Cost of Each Component - Production Cost of Each Component is the total amount that it takes to produce a single component from scratch.

STEP 1: Convert Input(s) to Base Unit

Total Production Cost: 30000 --> No Conversion Required
Production Cost of Each Component: 15000 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

N_b = TPC/C_pr --> 30000/15000

Evaluating ... ...

N_b = 2

STEP 3: Convert Result to Output's Unit

2 --> No Conversion Required

FINAL ANSWER

2 <-- Batch Size

(Calculation completed in 00.004 seconds)

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Credits

Created by Kumar Siddhant

Indian Institute of Information Technology, Design and Manufacturing (IIITDM), Jabalpur

Kumar Siddhant has created this Calculator and 400+ more calculators!

Verified by Parul Keshav

National Institute of Technology (NIT), Srinagar

Parul Keshav has verified this Calculator and 400+ more calculators!

< 21 Total Production Cost Calculators

Machining Time for Each Product using Total Production Cost

Go Machining Time = (Total Production Cost For Production Method-Cost of A Tool*Batch Size*Setup Time-Number of Tools Used*(Cost of A Tool*Time to Change One Tool+Cost of A Tool))/(Cost of A Tool*Batch Size)

Setup Time for Each Product given Total Production Cost

Go Setup Time = (Total Production Cost-Cost of A Tool*Batch Size*Machining Time-Number of Tools Used*(Cost of A Tool*Time to Change One Tool+Cost of A Tool))/(Cost of A Tool*Batch Size)

Tool Changing Time for Each Tool given Total Production Cost

Go Time to Change One Tool = (Total Production Cost-Batch Size*Cost of A Tool*(Setup Time+Machining Time)-Number of Tools Used*Cost of A Tool)/(Cost of A Tool*Number of Tools Used)

Non-Productive Cost of Each Component given Total Production Cost

Go Non Productive Cost of Each Component = Total Production Cost-(Batch Size*Cost of A Tool*Machining Time+Number of Tools Used*((Cost of A Tool*Time to Change One Tool)+Cost of A Tool))

Machining and Operating Rate given Total Production Cost

Go Machining and Operating Rate = (Total Production Cost-(Number of Tools Used*Cost of A Tool))/(Batch Size*(Setup Time+Machining Time)+(Number of Tools Used*Tool Changing Time))

Tool Changing Cost of Each Tool using Total Production Cost

Go Cost of changing each Tool = (Total Production Cost-Batch Size*Cost of A Tool*(Setup Time+Machining Time)-Number of Tools Used*Cost of A Tool)/(Number of Tools Used)

Total Production Cost

Go Total Production Cost = Batch Size*(Cost of A Tool*(Setup Time+Machining Time)+(Number of Tools Used)*((Cost of A Tool*Time to Change One Tool)+Cost of A Tool))

Number of Tools used given Total Production Cost

Go Number of Tools Used = (Total Production Cost-Batch Size*Cost of A Tool*(Setup Time+Machining Time))/(Cost of A Tool*Time to Change One Tool+Cost of A Tool)

Total Tool Changing Time given Total Production Cost

Go Total Tool Changing Time = (Total Production Cost-(Total Cost of Tools Used+Total Machining And Operating Cost+Total Non-Productive Cost))/(Number of Tools Used*Cost of A Tool)

Total Tool Changing Cost using Total Production Cost

Go Total Tool Changing Cost = Total Production Cost-Batch Size*Cost of A Tool*(Setup Time+Machining Time)-Number of Tools Used*Cost of A Tool

Total Non-Productive Time using Total Production Cost

Go Non Productive Time = (Total Production Cost for Setup Time-(Total Machining And Operating Cost+Total Tool Changing Cost+Total Cost of Tools Used))/(Cost of A Tool)

Total Machining Time using Total Production Cost

Go Total Machining Time = (Total Production Cost-(Total Non-Productive Cost+Total Tool Changing Cost+Total Cost of Tools Used))/(Cost of A Tool)

Total Non-Productive Cost given Total Production Cost

Go Total Non Productive Cost = Total Production Cost-(Total Machining And Operating Cost+Total Tool Changing Cost+Total Cost of Tools Used)

Total Cost of Tools given Total Production Cost

Go Total Cost of Tools Used = Total Production Cost-(Total Machining And Operating Cost+Total Tool Changing Cost+Total Non Productive Cost)

Total Tool-Changing Cost

Go Total Tool Changing Cost = Total Tool Changing Time*Number of Tools Used

Time for Changing one Tool given Total Tool Changing Time

Go Time to Change One Tool = Total Tool Changing Time/Number of Tools Used

Total Tool Changing Time

Go Total Tool Changing Time = Number of Tools Used*Time to Change One Tool

Total Production Cost for given Batch Size

Go Total Production Cost = Batch Size*Production Cost of Each Component

Batch Size given Total Production Cost

Go Batch Size = Total Production Cost/Production Cost of Each Component

Cost of Tool given Total Cost of Tools

Go Cost of A Tool = Total Cost of Tools Used/Number of Tools Used

Total Cost of Tools Used

Go Total Cost of Tools Used = Number of Tools Used*Cost of A Tool

Batch Size given Total Production Cost Formula

Batch Size = Total Production Cost/Production Cost of Each Component
N_b = TPC/C_pr

Total Production Cost

The Total Production Cost is defined as the total cost of producing a batch of components from scratch including all necessary operations and processes.

How to Calculate Batch Size given Total Production Cost?

Batch Size given Total Production Cost calculator uses Batch Size = Total Production Cost/Production Cost of Each Component to calculate the Batch Size, The Batch Size given Total Production Cost is a method to determine the size of the Batch when total production cost and cost it took to produce a single component are known. Batch Size is denoted by N_b symbol.

How to calculate Batch Size given Total Production Cost using this online calculator? To use this online calculator for Batch Size given Total Production Cost, enter Total Production Cost (TPC) & Production Cost of Each Component (C_pr) and hit the calculate button. Here is how the Batch Size given Total Production Cost calculation can be explained with given input values -> 2 = 30000/15000.

FAQ

What is Batch Size given Total Production Cost?

The Batch Size given Total Production Cost is a method to determine the size of the Batch when total production cost and cost it took to produce a single component are known and is represented as N_b = TPC/C_pr or Batch Size = Total Production Cost/Production Cost of Each Component. Total Production Cost is the total amount that it takes to produce a batch of components from scratch & Production Cost of Each Component is the total amount that it takes to produce a single component from scratch.

How to calculate Batch Size given Total Production Cost?

The Batch Size given Total Production Cost is a method to determine the size of the Batch when total production cost and cost it took to produce a single component are known is calculated using Batch Size = Total Production Cost/Production Cost of Each Component. To calculate Batch Size given Total Production Cost, you need Total Production Cost (TPC) & Production Cost of Each Component (C_pr). With our tool, you need to enter the respective value for Total Production Cost & Production Cost of Each Component and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.

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