How to Calculate Total Tool Changing Cost given Individual Costs?
Total Tool Changing Cost given Individual Costs calculator uses Total Tool Changing Cost = Total Production Cost-(Total Machining And Operating Cost+Total Non-Productive Cost+Total Cost of Tools Used) to calculate the Total Tool Changing Cost, The Total Tool Changing Cost given Individual Costs is a method to determine the maximum total cost that can be afforded for the time taken by the operator in changing the Cutting Tool when paid by the hour if the expense for different activities of production is known. Total Tool Changing Cost is denoted by TCC symbol.
How to calculate Total Tool Changing Cost given Individual Costs using this online calculator? To use this online calculator for Total Tool Changing Cost given Individual Costs, enter Total Production Cost (TPC), Total Machining And Operating Cost (Cm), Total Non-Productive Cost (TNPC) & Total Cost of Tools Used (TTC) and hit the calculate button. Here is how the Total Tool Changing Cost given Individual Costs calculation can be explained with given input values -> 28890 = 30000-(100+10+1000).