How to Calculate Total Tool Changing Time using Average Production Cost?
Total Tool Changing Time using Average Production Cost calculator uses Total Tool Changing Time = (Batch Size*(Production Cost of Each Component-Cost of A Tool*(Setup Time+Machining Time))-Number of Tools Used*Cost of A Tool)/(Cost of A Tool) to calculate the Total Tool Changing Time, The Total Tool Changing Time using Average Production Cost is a method to determine the maximum time that can be spared to be spent for changing the tool. Total Tool Changing Time is denoted by TTCT symbol.
How to calculate Total Tool Changing Time using Average Production Cost using this online calculator? To use this online calculator for Total Tool Changing Time using Average Production Cost, enter Batch Size (Nb), Production Cost of Each Component (Cpr), Cost of A Tool (Ct), Setup Time (ts), Machining Time (tm) & Number of Tools Used (Nt) and hit the calculate button. Here is how the Total Tool Changing Time using Average Production Cost calculation can be explained with given input values -> 0.035 = (2*(15000-80*(54+69))-3*80)/(80).