Total Non-Productive Cost given Individual Costs Solution

STEP 0: Pre-Calculation Summary
Formula Used
Total Non Productive Cost = Total Production Cost-(Total Machining and Operating Cost+Total Tool Changing Cost+Total Cost of Tools Used)
Cnp = Cp-(Cm+Ct+c)
This formula uses 5 Variables
Variables Used
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.
Total Production Cost - Total Production Cost involves summing up various cost components associated with the machining process.
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.
Total Tool Changing Cost - Total Tool Changing Cost involves accounting for both the direct and indirect expenses related to the tool change process.
Total Cost of Tools Used - Total cost of tools used refers to the comprehensive expense incurred for all tools required throughout the production process.
STEP 1: Convert Input(s) to Base Unit
Total Production Cost: 30000 --> No Conversion Required
Total Machining and Operating Cost: 100 --> No Conversion Required
Total Tool Changing Cost: 75 --> No Conversion Required
Total Cost of Tools Used: 29815 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
Cnp = Cp-(Cm+Ct+c) --> 30000-(100+75+29815)
Evaluating ... ...
Cnp = 10
STEP 3: Convert Result to Output's Unit
10 --> No Conversion Required
FINAL ANSWER
10 <-- Total Non Productive Cost
(Calculation completed in 00.004 seconds)

Credits

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Created by Kumar Siddhant
Indian Institute of Information Technology, Design and Manufacturing (IIITDM), Jabalpur
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National Institute of Technology (NIT), Srinagar
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Total Production Cost given Individual Costs
​ LaTeX ​ Go Total Production Cost = Total Non Productive Cost+Total Machining and Operating Cost+Total Tool Changing Cost+Total Cost of Tools Used

Total Non-Productive Cost given Individual Costs Formula

​LaTeX ​Go
Total Non Productive Cost = Total Production Cost-(Total Machining and Operating Cost+Total Tool Changing Cost+Total Cost of Tools Used)
Cnp = Cp-(Cm+Ct+c)

Components Contributing to Non-Productive Time

1) Machine Downtime: Time when machines are idle due to maintenance, tool changes, setup, or other reasons.
2) Setup Time: Duration required to prepare machines, fixtures, and tooling for production.
3) Tool Change Time: Time spent on changing tools, including stopping the machine, replacing tools, and calibration.
4) Maintenance Time: Time allocated for preventive maintenance, repairs, and machine adjustments.
5) Administrative Time: Time spent on administrative tasks, such as scheduling, planning, and documentation.
6) Waiting Time: Time spent waiting for materials, instructions, or resources to proceed with production.
7) Training Time: Time allocated for employee training and skill development.

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

Total Non-Productive Cost given Individual Costs calculator uses Total Non Productive Cost = Total Production Cost-(Total Machining and Operating Cost+Total Tool Changing Cost+Total Cost of Tools Used) to calculate 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 calculate Total Non-Productive Cost given Individual Costs using this online calculator? To use this online calculator 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. Here is how the Total Non-Productive Cost given Individual Costs calculation can be explained with given input values -> 28825 = 30000-(100+75+29815).

FAQ

What is Total Non-Productive Cost given Individual Costs?
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 and is represented as Cnp = Cp-(Cm+Ct+c) or Total Non Productive Cost = Total Production Cost-(Total Machining and Operating Cost+Total Tool Changing Cost+Total Cost of Tools Used). Total Production Cost involves summing up various cost components associated with the machining process, 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, Total Tool Changing Cost involves accounting for both the direct and indirect expenses related to the tool change process & Total cost of tools used refers to the comprehensive expense incurred for all tools required throughout the production process.
How to calculate Total Non-Productive Cost given Individual Costs?
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 is calculated using Total Non Productive Cost = Total Production Cost-(Total Machining and Operating Cost+Total Tool Changing Cost+Total Cost of Tools Used). To calculate Total Non-Productive Cost given Individual Costs, you need Total Production Cost (Cp), Total Machining and Operating Cost (Cm), Total Tool Changing Cost (Ct) & Total Cost of Tools Used (c). With our tool, you need to enter the respective value for Total Production Cost, Total Machining and Operating Cost, Total Tool Changing Cost & Total Cost of Tools Used and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
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