AVAILABLE TIME
Available time = number of machine x operation hour x days
UTILIZATION
Utilization = hours actualy work / available hours x 100%
EFFICIENCY
Efficiency = actual rate of production / standard rate of production x 100%
RATED CAPACITY
Rated capacity = available time x utilization x efficiency
DEMONSTRATED CAPACITY
Demonstrated capacity = total standard time / number of period
TOTAL STANDARD TIME
Total standard time = set up time + ( run time per piece x number of unit )
ACTUAL TIME
Actual time = capacity required / (efficiency x utilization)
Informative for both student and non-student in logistics field
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