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Average Production Time of Each Component Formula

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Average Production Time is the time taken to produce a single component out of a lot of produced batches. Check FAQs

t p = t s + t m + (N t \cdot \frac{t c}{N b})

t_p - Average Production Time?t_s - Setup Time?t_m - Machining Time?N_t - Number of Tools Used?t_c - Time to Change One Tool?N_b - Batch Size?

Average Production Time of Each Component Example

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Here is how the Average Production Time of Each Component equation looks like with Values.

Here is how the Average Production Time of Each Component equation looks like with Units.

Here is how the Average Production Time of Each Component equation looks like.

550 = 54 + 46 + (3 \cdot \frac{300}{2})

550s = 54s + 46s + (3 \cdot \frac{300s}{2})

550 = 54 + 46 + (3 \cdot \frac{300}{2})

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Average Production Time of Each Component Solution

Follow our step by step solution on how to calculate Average Production Time of Each Component?

FIRST Step Consider the formula

t p = t s + t m + (N t \cdot \frac{t c}{N b})

Next Step Substitute values of Variables

∴

t p = 54s + 46s + (3 \cdot \frac{300s}{2})

Next Step Prepare to Evaluate

∴

t p = 54 + 46 + (3 \cdot \frac{300}{2})

LAST Step Evaluate

∴

t p = 550s

Average Production Time of Each Component Formula Elements

Variables

Average Production Time

Average Production Time is the time taken to produce a single component out of a lot of produced batches.

Symbol: t_p

Measurement: TimeUnit: s

Note: Value should be greater than 0.

Formulas to find Average Production Time

Setup Time

Setup Time of each component is the time required to load/unload the workpiece and position the tool for production for one component.

Symbol: t_s

Measurement: TimeUnit: s

Note: Value should be greater than 0.

Formulas to find Setup Time

Machining Time

Machining Time is the time when a machine is actually processing something. Generally, machining time is the term used when there is a removal of unwanted material.

Symbol: t_m

Measurement: TimeUnit: s

Note: Value should be greater than 0.

Formulas to find Machining Time

Number of Tools Used

The Number of Tools Used is the total number of tools used for manufacturing a batch of products.

Symbol: N_t

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Number of Tools Used

Time to Change One Tool

Time to Change One Tool is the measure of time it takes to change one tool during machining.

Symbol: t_c

Measurement: TimeUnit: s

Note: Value should be greater than 0.

Formulas to find Time to Change One Tool

Batch Size

Batch Size is the count of similar kinds of products to be manufactured.

Symbol: N_b

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Batch Size

Other formulas in Average Production Time category

Go Machining Time of Each Component given Average Production Time

t m = t p - t s - (N t \cdot \frac{t c}{N b})

Go Non-Productive Time for Each Component given Average Production Time

t s = t p - (t m + (N t \cdot \frac{t c}{N b}))

Go Time for changing one Tool given Average Production Time

t c = (t p - (t s + t m)) \cdot \frac{N b}{N t}

Go Batch Size given Average Production Time

N b = t c \cdot \frac{N t}{t p - (t s + t m)}

How to Evaluate Average Production Time of Each Component?

Average Production Time of Each Component evaluator uses Average Production Time = Setup Time+Machining Time+(Number of Tools Used*Time to Change One Tool/Batch Size) to evaluate the Average Production Time, The Average Production Time of Each Component is defined as the time taken in producing a single component from scratch including all necessary operations and processes. Average Production Time is denoted by t_p symbol.

How to evaluate Average Production Time of Each Component using this online evaluator? To use this online evaluator for Average Production Time of Each Component, enter Setup Time (t_s), Machining Time (t_m), Number of Tools Used (N_t), Time to Change One Tool (t_c) & Batch Size (N_b) and hit the calculate button.

FAQs on Average Production Time of Each Component

What is the formula to find Average Production Time of Each Component?

The formula of Average Production Time of Each Component is expressed as Average Production Time = Setup Time+Machining Time+(Number of Tools Used*Time to Change One Tool/Batch Size). Here is an example- 550 = 54+46+(3*300/2).

How to calculate Average Production Time of Each Component?

With Setup Time (t_s), Machining Time (t_m), Number of Tools Used (N_t), Time to Change One Tool (t_c) & Batch Size (N_b) we can find Average Production Time of Each Component using the formula - Average Production Time = Setup Time+Machining Time+(Number of Tools Used*Time to Change One Tool/Batch Size).

Can the Average Production Time of Each Component be negative?

No, the Average Production Time of Each Component, measured in Time cannot be negative.

Which unit is used to measure Average Production Time of Each Component?

Average Production Time of Each Component is usually measured using the Second[s] for Time. Millisecond[s], Microsecond[s], Nanosecond[s] are the few other units in which Average Production Time of Each Component can be measured.

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Average Production Time of Each Component Formula

Average Production Time of Each Component Example

Average Production Time of Each Component Solution

Average Production Time of Each Component Formula Elements

Other formulas in Average Production Time category

How to Evaluate Average Production Time of Each Component?

FAQs on Average Production Time of Each Component

Variable Name