Total Non-Productive Cost given Total Production Cost Calculator

✖Total Production Cost involves summing up various cost components associated with the machining process.ⓘ Total Production Cost [C_tp]			+10% -10%
✖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 Machining And Operating Cost [C_m]			+10% -10%
✖Total Tool Changing Cost involves accounting for both the direct and indirect expenses related to the tool change process.ⓘ Total Tool Changing Cost [C_ct]			+10% -10%
✖Total cost of tools used refers to the comprehensive expense incurred for all tools required throughout the production process.ⓘ Total Cost of Tools Used [C_t]			+10% -10%

✖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 Non-Productive Cost given Total Production Cost [T_npc]

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Total Non-Productive Cost given Total Production Cost 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)
T_npc = C_tp-(C_m+C_ct+C_t)
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: 7200 --> No Conversion Required
Total Cost of Tools Used: 240 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

T_npc = C_tp-(C_m+C_ct+C_t) --> 30000-(100+7200+240)

Evaluating ... ...

T_npc = 22460

STEP 3: Convert Result to Output's Unit

22460 --> No Conversion Required

FINAL ANSWER

22460 <-- Total Non Productive Cost

(Calculation completed in 00.004 seconds)

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Created by Kumar Siddhant

Indian Institute of Information Technology, Design and Manufacturing (IIITDM), Jabalpur

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Verified by Parul Keshav

National Institute of Technology (NIT), Srinagar

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< Total Production Cost Calculators

Non-Productive Cost of Each Component given Total Production Cost

LaTeX Go Non Productive Cost of Each Component = Total Production Cost-(Batch Size*Cost of a Tool*Machining Time+Number of Tools Used*((Cost of a Tool*Time to Change One Tool)+Cost of a Tool))

Total Production Cost

LaTeX Go Total Production Cost = Batch Size*(Cost of a Tool*(Setup Time+Machining Time))+Number of Tools Used*(Cost of a Tool*Time to Change One Tool+Cost of a Tool)

Total Non-Productive Cost given Total Production Cost

LaTeX Go Total Non Productive Cost = Total Production Cost-(Total Machining And Operating Cost+Total Tool Changing Cost+Total Cost of Tools Used)

Total Production Cost for given Batch Size

LaTeX Go Total Production Cost = Batch Size*Production Cost of Each Component

Total Non-Productive Cost given Total Production Cost Formula

LaTeX Go

Total Non Productive Cost = Total Production Cost-(Total Machining And Operating Cost+Total Tool Changing Cost+Total Cost of Tools Used)
T_npc = C_tp-(C_m+C_ct+C_t)

Significance of Total Non-Productive Cost

The Total Non-Productive Cost helps the concerned to determine the resource of the industry being wasted due to time lapse in important but non-profitable processes of the production line. It also helps in determining the required measures to be taken to increase the productivity of the plant which generally includes steps to decrease the Total Non-Productive Cost.

How to Calculate Total Non-Productive Cost given Total Production Cost?

Total Non-Productive Cost given Total Production Cost 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, The Total Non-Productive Cost given Total Production Cost is a method to determine the total amount wasted due to lack of productivity or profit in manufacturing of a batch of products. Total Non Productive Cost is denoted by T_npc symbol.

How to calculate Total Non-Productive Cost given Total Production Cost using this online calculator? To use this online calculator for Total Non-Productive Cost given Total Production Cost, enter Total Production Cost (C_tp), Total Machining And Operating Cost (C_m), Total Tool Changing Cost (C_ct) & Total Cost of Tools Used (C_t) and hit the calculate button. Here is how the Total Non-Productive Cost given Total Production Cost calculation can be explained with given input values -> 22460 = 30000-(100+7200+240).

FAQ

What is Total Non-Productive Cost given Total Production Cost?

The Total Non-Productive Cost given Total Production Cost is a method to determine the total amount wasted due to lack of productivity or profit in manufacturing of a batch of products and is represented as T_npc = C_tp-(C_m+C_ct+C_t) 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 Total Production Cost?

The Total Non-Productive Cost given Total Production Cost is a method to determine the total amount wasted due to lack of productivity or profit in manufacturing of a batch of products 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 Total Production Cost, you need Total Production Cost (C_tp), Total Machining And Operating Cost (C_m), Total Tool Changing Cost (C_ct) & Total Cost of Tools Used (C_t). 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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