Total Production Time given Total Machining and Operating Cost Solution

STEP 0: Pre-Calculation Summary
Formula Used
Total Production Time = Total Machining And Operating Cost/Machining and Operating Rate
TPT = Cm/M
This formula uses 3 Variables
Variables Used
Total Production Time - (Measured in Second) - Total Production Time is the net time taken to produce a complete match of products, including overheads.
Total Machining And Operating Cost - Total Machining And Operating Cost is the total amount of money required to machine a given batch of product.
Machining and Operating Rate - Machining and Operating Rate is the money charged for processing on and operating machines per unit time, including overheads.
STEP 1: Convert Input(s) to Base Unit
Total Machining And Operating Cost: 100 --> No Conversion Required
Machining and Operating Rate: 100 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
TPT = Cm/M --> 100/100
Evaluating ... ...
TPT = 1
STEP 3: Convert Result to Output's Unit
1 Second -->0.0166666666666667 Minute (Check conversion ​here)
FINAL ANSWER
0.0166666666666667 0.016667 Minute <-- Total Production Time
(Calculation completed in 00.020 seconds)

Credits

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Created by Kumar Siddhant
Indian Institute of Information Technology, Design and Manufacturing (IIITDM), Jabalpur
Kumar Siddhant has created this Calculator and 400+ more calculators!
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Verified by Parul Keshav
National Institute of Technology (NIT), Srinagar
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9 Total Production Time Calculators

Total Production Time given Time for Individual Operation and Batch Size
​ Go Total Production Time = (Batch Size*Setup Time+Batch Size*Machining Time+Number of Tools Used*Time to Change One Tool)
Total Production Time
​ Go Total Production Time = (Total Machining Time+Non-Productive Time+Total Tool Changing Time)
Total Production Time given Total Machining and Operating Cost
​ Go Total Production Time = Total Machining And Operating Cost/Machining and Operating Rate
Machining Time for one Component using Total Machining Time
​ Go Machining Time = Total Machining Time/Batch Size
Total Machining Time or Total Machine Time
​ Go Total Machining Time = Batch Size*Machining Time
Size of Batch given Total Machining Time
​ Go Batch Size = Total Machining Time/Machining Time
Load or Unload or Setup Time given Total Non-Productive Time
​ Go Setup Time = Non-Productive Time/Batch Size
Size of Batch using Total Non-Productive Time
​ Go Batch Size = Non-Productive Time/Setup Time
Total Non-Productive Time
​ Go Non-Productive Time = Batch Size*Setup Time

Total Production Time given Total Machining and Operating Cost Formula

Total Production Time = Total Machining And Operating Cost/Machining and Operating Rate
TPT = Cm/M

Importance of Machining Time

The machining time and its proper estimation are of great help in determining:
1. Manufacturing Costs
2. Machine Work Loads
3. Personel Needs
4. Delivery Time

How to Calculate Total Production Time given Total Machining and Operating Cost?

Total Production Time given Total Machining and Operating Cost calculator uses Total Production Time = Total Machining And Operating Cost/Machining and Operating Rate to calculate the Total Production Time, The Total Production Time given Total Machining and Operating Cost is a method to determine the maximum time the manufacturing can be carried out at the plant when the resources to be used are strictly bounded. Total Production Time is denoted by TPT symbol.

How to calculate Total Production Time given Total Machining and Operating Cost using this online calculator? To use this online calculator for Total Production Time given Total Machining and Operating Cost, enter Total Machining And Operating Cost (Cm) & Machining and Operating Rate (M) and hit the calculate button. Here is how the Total Production Time given Total Machining and Operating Cost calculation can be explained with given input values -> 0.000278 = 100/100.

FAQ

What is Total Production Time given Total Machining and Operating Cost?
The Total Production Time given Total Machining and Operating Cost is a method to determine the maximum time the manufacturing can be carried out at the plant when the resources to be used are strictly bounded and is represented as TPT = Cm/M or Total Production Time = Total Machining And Operating Cost/Machining and Operating Rate. Total Machining And Operating Cost is the total amount of money required to machine a given batch of product & Machining and Operating Rate is the money charged for processing on and operating machines per unit time, including overheads.
How to calculate Total Production Time given Total Machining and Operating Cost?
The Total Production Time given Total Machining and Operating Cost is a method to determine the maximum time the manufacturing can be carried out at the plant when the resources to be used are strictly bounded is calculated using Total Production Time = Total Machining And Operating Cost/Machining and Operating Rate. To calculate Total Production Time given Total Machining and Operating Cost, you need Total Machining And Operating Cost (Cm) & Machining and Operating Rate (M). With our tool, you need to enter the respective value for Total Machining And Operating Cost & Machining and Operating Rate and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
How many ways are there to calculate Total Production Time?
In this formula, Total Production Time uses Total Machining And Operating Cost & Machining and Operating Rate. We can use 2 other way(s) to calculate the same, which is/are as follows -
  • Total Production Time = (Batch Size*Setup Time+Batch Size*Machining Time+Number of Tools Used*Time to Change One Tool)
  • Total Production Time = (Total Machining Time+Non-Productive Time+Total Tool Changing Time)
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