Total Production Time in Production Cost Formulas

Total Production Time is the net time taken to produce a complete match of products, including overheads. And is denoted by TPT. Total Production Time is usually measured using the Minute for Time. Note that the value of Total Production Time is always positive.

Production Cost formulas that make use of Total Production Time

fxTotal Machining and Operating CostGo

fxMachining and Operating Rate given Total Machining and Operating CostGo

FAQ

What is the Total Production Time?

Total Production Time is the net time taken to produce a complete match of products, including overheads. Total Production Time is usually measured using the Minute for Time. Note that the value of Total Production Time is always positive.

Can the Total Production Time be negative?

No, the Total Production Time, measured in Time cannot be negative.

What unit is used to measure Total Production Time?

Total Production Time is usually measured using the Minute[min] for Time. Second[min], Millisecond[min], Microsecond[min] are the few other units in which Total Production Time can be measured.

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