You can calculate time and cost of part production on your next project.
How to use Part Production Calculator
Parts Needed – How many parts you need to make.
Defect Rate (%) – The percent of parts that need to be scrapped.
Parts Per Cycle – The number of parts made in a machine’s cycle.
Cycle Time (SEC) – The amount of seconds required for a machine to complete it’s cycle.
Machine Uptime (%) – The average percent of time that a machine is up during production.
# of Machines – How many machines can run this part simultaneously.
Operating Hours – how many hours do your machines run per day.
Make – How many parts you should plan to make with consideration to parts needed and defect rate.
Hours to Run – The hours it will require to make each part.
Hours Down – The hours lost while the machine is down.
Total Hours – Hours to Run and Hours down together.
Total Days – Day version of Total Hours
Parts per Hour – How many parts you can make in one hour.
How to use Labor Cost Calculator
Total Hours – You can input this manually, or use the production calculator and it will be automatically added here.
Labor Rate ($/hr) – How much you pay an operator.
# of Operators – how many operators are working?
The total cost is output.