Given information: • Scheduled operation = 10 hrs/day; 5 days/week • Down time = due to training, breaks etc = 410 minutes/week; breakdown = 227 minutes/ week • Theoretical (std) cycle time = 0.5 minutes / unit, • Production / week = 4450 units; • Defective parts made = 15 Calculate the Following: a. Downtime Losses b. Tracking Reduced Speed Losses c. Poor Quality Losses
Breakeven Analysis
Break Even Analysis is a term used in business, cost accounting and economics. It refers to a point where the total cost incurred becomes equal to the total revenue earned. Break Even Analysis determines the number of units to be sold to earn the revenue required to cover the total costs. Total cost is a sum total of fixed and variable costs.
Process analysis
The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.
Q Given information:
• Scheduled operation = 10 hrs/day; 5 days/week
• Down time = due to training, breaks etc = 410 minutes/week; breakdown = 227 minutes/ week
• Theoretical (std) cycle time = 0.5 minutes / unit,
• Production / week = 4450 units;
• Defective parts made = 15
Calculate the Following:
a. Downtime Losses
b. Tracking Reduced Speed Losses
c. Poor Quality Losses
Step by step
Solved in 2 steps