How to Calculate Number of Tools used given Individual Costs?
Number of Tools used given Individual Costs calculator uses Number of Tools Used = (Total Production Cost-(Total Non Productive Cost+Total Machining And Operating Cost+Total Tool Changing Cost))/Cost of A Tool to calculate the Number of Tools Used, The Number of Tools used given Individual Costs is a method to determine the maximum number of Tools that can be used for producing a single component when the total amount available for different activities of production is known. Number of Tools Used is denoted by Nt symbol.
How to calculate Number of Tools used given Individual Costs using this online calculator? To use this online calculator for Number of Tools used given Individual Costs, enter Total Production Cost (TPC), Total Non Productive Cost (TNPC), Total Machining And Operating Cost (Cm), Total Tool Changing Cost (TCC) & Cost of A Tool (Ct) and hit the calculate button. Here is how the Number of Tools used given Individual Costs calculation can be explained with given input values -> 4.1625 = (30000-(10+11707+17950))/80.