How to Calculate Tool Changing Time for Each Tool given Average Production Cost?
Tool Changing Time for Each Tool given Average Production Cost calculator uses Time to Change One Tool = (Batch Size*(Production Cost of Each Component-Cost of A Tool*(Setup Time+Machining Time))-Number of Tools Used*Cost of A Tool)/(Cost of A Tool*Number of Tools Used) to calculate the Time to Change One Tool, Tool Changing Time for Each Tool given Average Production Cost is a method to determine the maximum time that can be spared on each tool to be spent for changing based on the average expense to produce 1 component. Time to Change One Tool is denoted by tc symbol.
How to calculate Tool Changing Time for Each Tool given Average Production Cost using this online calculator? To use this online calculator for Tool Changing Time for Each Tool given Average Production Cost, enter Batch Size (Nb), Production Cost of Each Component (Cpr), Cost of A Tool (Ct), Setup Time (ts), Machining Time (tm) & Number of Tools Used (Nt) and hit the calculate button. Here is how the Tool Changing Time for Each Tool given Average Production Cost calculation can be explained with given input values -> 0.011667 = (2*(15000-80*(54+69))-3*80)/(80*3).