Industrial Engineering Formula
Industrial engineering is various principles and techniques applied in different contexts. Here are some commonly used formulas in industrial engineering:
- Daily Line Target =(Total Working minutes in a day ×No.of operators×Line Efficiency %)/(SMV/SAM)
- Individual Operator target=(Total Working minutes in a day×Line efficiency%)/(operation SMV/SAM)
- Operator Efficiency% (individual)= (Total pieces produced×operation SMV/SAM×100)/(Total Minutes Worked)
- Line Efficiency%=(Line output ×Garment SAM/SMV×100)/(Total no.of operators×Minutes Worked)
- Machine Productivity=(Line Output(pieces))/(number of machine used)
- Labour Productivity=(Line output (Pieces)/(Number of workers (including operator and helper))
- Line work in process (WIP)=Total pieces-Total output
- Standard time=(Observed time×Observed Rating )+Allowances
- Machine Utilization%=(Actual machine running time ia working day ×100)/(Total time available in working day)
- Cost per minute=(Total cost incurred in labour)/(Total available working minutes in a day×No. of labours)
- Production Cost per Unit=(Total production cost incurred in a day)/(total garments produced in a day)
- Man to Machine Ratio=(Total workforce in a factory)/(Number of utilized machine)
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