HCF of two numbers

First Pass Yield Calculator

Financial Chemistry Engineering Health More >>

↳

Cost Accounting Banking Business Common Probability Distribution More >>

⤿

Important Formulas of Cost Accounting

✖Number of Good Products Finished refers to the total quantity of products that have completed the production process and meet all quality standards and specifications.ⓘ Number of Good Products Finished [NGPF]			+10% -10%
✖Number of Production Orders Started refers to the total count of production orders initiated within a specific period.ⓘ Number of Production Orders Started [NPOS]			+10% -10%

✖First Pass Yield is a quality metric used to measure the efficiency and effectiveness of a production process in manufacturing.ⓘ First Pass Yield [FPY]

⎘ Copy

👎

Formula

LaTeX

Reset

👍

Download Cost Accounting Formula PDF PDF Image

First Pass Yield Solution

STEP 0: Pre-Calculation Summary

Formula Used

First Pass Yield = Number of Good Products Finished/Number of Production Orders Started
FPY = NGPF/NPOS
This formula uses 3 Variables

Variables Used

First Pass Yield - First Pass Yield is a quality metric used to measure the efficiency and effectiveness of a production process in manufacturing.
Number of Good Products Finished - Number of Good Products Finished refers to the total quantity of products that have completed the production process and meet all quality standards and specifications.
Number of Production Orders Started - Number of Production Orders Started refers to the total count of production orders initiated within a specific period.

STEP 1: Convert Input(s) to Base Unit

Number of Good Products Finished: 1800 --> No Conversion Required
Number of Production Orders Started: 900 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

FPY = NGPF/NPOS --> 1800/900

Evaluating ... ...

FPY = 2

STEP 3: Convert Result to Output's Unit

2 --> No Conversion Required

FINAL ANSWER

2 <-- First Pass Yield

(Calculation completed in 00.004 seconds)

You are here -

Home » Financial » Cost Accounting » First Pass Yield

Credits

Created by Aashna

IGNOU (IGNOU), India

Aashna has created this Calculator and 100+ more calculators!

Verified by Surjojoti Som

Rashtreeya Vidyalaya College of Engineering (RVCE), Bangalore

Surjojoti Som has verified this Calculator and 10+ more calculators!

< Cost Accounting Calculators

Material Cost Variance

LaTeX Go Material Cost Variance = (Standard Quality for Actual Output*Standard Price)-(Actual Quantity*Actual Price)

Revised Standard Quantity

LaTeX Go Revised Standard Quantity = (Standard Quantity of each Material/Total Standard Quantity)*Total Actual Quantity

Material Price Variance

LaTeX Go Material Price Variance = Actual Quantity*(Standard Price-Actual Price)

Material Quantity

LaTeX Go Material Quantity = Standard Price*(Standard Quantity-Actual Quantity)

First Pass Yield Formula

LaTeX Go

First Pass Yield = Number of Good Products Finished/Number of Production Orders Started
FPY = NGPF/NPOS

What is First Pass Yield ?

First Pass Yield is a measure of quality and performance and plays a significant role in production efficiency and profitability. A higher FPY indicates that the production process is efficient and effective in consistently producing high-quality products without the need for rework or corrective actions. It reflects a well-controlled and optimized manufacturing process. Monitoring first pass yield is crucial for identifying opportunities to improve quality, reduce waste, and enhance overall production efficiency. By analyzing FPY data and identifying root causes of defects or failures, manufacturers can implement corrective actions to minimize rework, optimize processes, and ultimately improve product quality and customer satisfaction.

How to Calculate First Pass Yield?

First Pass Yield calculator uses First Pass Yield = Number of Good Products Finished/Number of Production Orders Started to calculate the First Pass Yield, First Pass Yield represents the percentage of units that pass through the entire production process without requiring rework, repair, or any form of corrective action. First Pass Yield is denoted by FPY symbol.

How to calculate First Pass Yield using this online calculator? To use this online calculator for First Pass Yield, enter Number of Good Products Finished (NGPF) & Number of Production Orders Started (NPOS) and hit the calculate button. Here is how the First Pass Yield calculation can be explained with given input values -> 2 = 1800/900.

FAQ

What is First Pass Yield?

First Pass Yield represents the percentage of units that pass through the entire production process without requiring rework, repair, or any form of corrective action and is represented as FPY = NGPF/NPOS or First Pass Yield = Number of Good Products Finished/Number of Production Orders Started. Number of Good Products Finished refers to the total quantity of products that have completed the production process and meet all quality standards and specifications & Number of Production Orders Started refers to the total count of production orders initiated within a specific period.

How to calculate First Pass Yield?

First Pass Yield represents the percentage of units that pass through the entire production process without requiring rework, repair, or any form of corrective action is calculated using First Pass Yield = Number of Good Products Finished/Number of Production Orders Started. To calculate First Pass Yield, you need Number of Good Products Finished (NGPF) & Number of Production Orders Started (NPOS). With our tool, you need to enter the respective value for Number of Good Products Finished & Number of Production Orders Started and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.

Home

FREE PDFs

🔍 Search