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Total Non-Productive Cost given Individual Costs Formula

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Total Non Productive Cost is the amount spent on activities that do not result in any productivity or profit to the plant during the manufacturing of a batch of components. Check FAQs
Cnp=Cp-(Cm+Ct+c)
Cnp - Total Non Productive Cost?Cp - Total Production Cost?Cm - Total Machining and Operating Cost?Ct - Total Tool Changing Cost?c - Total Cost of Tools Used?

Total Non-Productive Cost given Individual Costs Example

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Here is how the Total Non-Productive Cost given Individual Costs equation looks like with Values.

Here is how the Total Non-Productive Cost given Individual Costs equation looks like with Units.

Here is how the Total Non-Productive Cost given Individual Costs equation looks like.

10Edit=30000Edit-(100Edit+75Edit+29815Edit)
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Total Non-Productive Cost given Individual Costs Solution

Follow our step by step solution on how to calculate Total Non-Productive Cost given Individual Costs?

FIRST Step Consider the formula
Cnp=Cp-(Cm+Ct+c)
Next Step Substitute values of Variables
∴ Cnp=30000-(100+75+29815)
Next Step Prepare to Evaluate
∴ Cnp=30000-(100+75+29815)
LAST Step Evaluate
∴Cnp=10

Total Non-Productive Cost given Individual Costs Formula Elements

Variables
Total Non Productive Cost
Total Non Productive Cost is the amount spent on activities that do not result in any productivity or profit to the plant during the manufacturing of a batch of components.
Symbol: Cnp
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Formulas to find Total Non Productive CostOpen Variable
Total Production Cost
Total Production Cost involves summing up various cost components associated with the machining process.
Symbol: Cp
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Formulas to find Total Production CostOpen Variable
Total Machining and Operating Cost
Total machining and operating cost involves considering various cost factors, including material costs, labor costs, machine operating costs, tool costs, overhead, and additional related expenses.
Symbol: Cm
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Formulas to find Total Machining and Operating CostOpen Variable
Total Tool Changing Cost
Total Tool Changing Cost involves accounting for both the direct and indirect expenses related to the tool change process.
Symbol: Ct
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Formulas to find Total Tool Changing CostOpen Variable
Total Cost of Tools Used
Total cost of tools used refers to the comprehensive expense incurred for all tools required throughout the production process.
Symbol: c
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Formulas to find Total Cost of Tools UsedOpen Variable

Other formulas in Individual Cost category

​Go Non-Productive Cost of One Component given Individual Costs
Ca=Cp-(Cm+Ct+c)B
​Go Total Production Cost given Individual Costs
Cp=Cnp+Cm+Ct+c
​Go Setup Time for Each Product given Individual Costs
ts=Cp-(Cm+Ct+c)C⋅B
​Go Machining Time for Each Product given Individual Costs
T=Cp-(Cnp+Ct+c)C⋅B

How to Evaluate Total Non-Productive Cost given Individual Costs?

Total Non-Productive Cost given Individual Costs evaluator uses Total Non Productive Cost = Total Production Cost-(Total Machining and Operating Cost+Total Tool Changing Cost+Total Cost of Tools Used) to evaluate the Total Non Productive Cost, Total Non-Productive Cost given Individual Costs refers to the cumulative expenses incurred during periods when machines or resources are not actively engaged in productive activities. These costs arise from various non-value-added activities, such as downtime, setup time, tool changes, maintenance, and administrative tasks. Understanding and minimizing non-productive costs are essential for optimizing manufacturing efficiency and reducing overall production costs. Total Non Productive Cost is denoted by Cnp symbol.

How to evaluate Total Non-Productive Cost given Individual Costs using this online evaluator? To use this online evaluator for Total Non-Productive Cost given Individual Costs, enter Total Production Cost (Cp), Total Machining and Operating Cost (Cm), Total Tool Changing Cost (Ct) & Total Cost of Tools Used (c) and hit the calculate button.

FAQs on Total Non-Productive Cost given Individual Costs

What is the formula to find Total Non-Productive Cost given Individual Costs?
The formula of Total Non-Productive Cost given Individual Costs is expressed as Total Non Productive Cost = Total Production Cost-(Total Machining and Operating Cost+Total Tool Changing Cost+Total Cost of Tools Used). Here is an example- 28825 = 30000-(100+75+29815).
How to calculate Total Non-Productive Cost given Individual Costs?
With Total Production Cost (Cp), Total Machining and Operating Cost (Cm), Total Tool Changing Cost (Ct) & Total Cost of Tools Used (c) we can find Total Non-Productive Cost given Individual Costs using the formula - Total Non Productive Cost = Total Production Cost-(Total Machining and Operating Cost+Total Tool Changing Cost+Total Cost of Tools Used).
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