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  • Grinding Cost Calculation - Summary: Annual Production Quantity Annual Consumption - Quantity

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    nanthaid
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    The document outlines a grinding cost calculation summary that includes annual production quantities, consumption of grinding wheels, dressers, and coolant, as well as unit prices. It calculates the grinding cost per part based on wheel cost, dresser cost, coolant cost, and total cost. It also includes direct and indirect costs for wheel changes and dressing. The goal is to calculate total grinding costs and identify areas for potential savings through optimizing consumables.

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    The document outlines a grinding cost calculation summary that includes annual production quantities, consumption of grinding wheels, dressers, and coolant, as well as unit prices. It calculates the grinding cost per part based on wheel cost, dresser cost, coolant cost, and total cost. It also includes direct and indirect costs for wheel changes and dressing. The goal is to calculate total grinding costs and identify areas for potential savings through optimizing consumables.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    22 views6 pages

    Grinding Cost Calculation - Summary: Annual Production Quantity Annual Consumption - Quantity

    Uploaded by

    nanthaid
    The document outlines a grinding cost calculation summary that includes annual production quantities, consumption of grinding wheels, dressers, and coolant, as well as unit prices. It calculates the grinding cost per part based on wheel cost, dresser cost, coolant cost, and total cost. It also includes direct and indirect costs for wheel changes and dressing. The goal is to calculate total grinding costs and identify areas for potential savings through optimizing consumables.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    of 6

    Grinding Cost Calculation - Summary

    Annual Production Quantity

    Annual Consumption - Quantity


    Grinding wheel
    Dresser
    Coolant

    Unit Price
    Grinding wheel
    Dresser
    Coolant

    Grinding Cost / Part


    Grinding Wheel Cost #DIV/0!
    Dresser Cost #DIV/0!
    Coolant Cost #DIV/0!
    Total Cost / Part #DIV/0!

    Direct Cost / Part Indirect Cost /Part


    Operation Total Grinding Cost / Part
    Grinding Wheel Coolant Dresser Wheel Change Dressing
    #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
    0
    0
    0
    0
    0
    0
    0
    0
    0
    0
    0
    0
    Total #DIV/0!
    Grinding Cost Calculation

    Operation :

    SL.No. EXISTING
    1 WHEEL SIZE
    2 WHEEL GRADING
    3 WHEEL PRICE .
    4 WHEEL LIFE ( NO.OF PARTS )
    5 WHEEL COST / PART #DIV/0!
    6 PRODUCTION /SHIFT. ( NO. OF PARTS )
    7 PRODUCTION / ANNUM. ( NO OF PARTS) 0
    8 WHEEL CONS. / ANNUM #DIV/0!
    9 WHEEL COST / ANNUM ( RS. ) #DIV/0!
    10 DRESSING FREQUENCY
    12 TIME TAKEN / DRESS ( SEC )
    13 NO. OF DRESSINGS/ANNUM #DIV/0!
    14 TOTAL DRESSING TIME / ANNUM ( HOUR ) #DIV/0!
    15 WHEEL CHANGE OVER TIME (MIN)
    16 WHEEL CHANGE OVER TIME / ANNUM ( HR. ) #DIV/0!
    17 M/C UTILIZATION COST/ HOUR *
    18 DRESSING DOWNTIME COST/ANNUM #DIV/0!
    19 WHEEL CHANGE COST/ANNUM #DIV/0!
    20 TOTAL INDIRECT COST / ANNUM ] #DIV/0!
    22 WHEEL COST/PART #DIV/0!
    23 WHEEL CHANGE COST/PART #DIV/0!
    24 DRESSING DOWN TIME COST/PART #DIV/0!
    25 DRESSER LIFE-NO OF COMPONENTS
    26 DRESSER PRICE
    27 DRESSER COST / PART #DIV/0!
    28 TOTAL DRESSER COST/ANNUM #DIV/0!
    28 CONSUMPTION OF COOLANT - NO OF SHIFTS
    29 CONSUMPTION OF COOLANT - NO OF LITERS
    30 COOLANT LIFE - NO OF COMPONENETS 0.000
    31 COOLANT PRICE PER LITER
    32 COOLANT COST/PART #DIV/0!
    33 TOTAL COOLANT COST/ANNUM #DIV/0!
    34 TOTAL GRINDING COST / PART / OPERATION #DIV/0!

    SAVINGS
    Direct Cost
    1 GRINDING WHEELS #DIV/0!
    2 DRESSER #DIV/0!
    3 COOLANT #DIV/0!
    Indirect Cost
    4 WHEEL CHANGE #DIV/0!
    5 DRESSING DOWNTIME #DIV/0!
    6 TOTAL SAVINGS/ANNUM ( Direct+Indirect ) #DIV/0!

    Note:
    Enter the value as per the Industrial Engineering Norms
    tion

    New

    #DIV/0!

    0
    #DIV/0!
    #DIV/0!

    #DIV/0!
    #DIV/0!

    #DIV/0!

    #DIV/0!
    #DIV/0!
    #DIV/0!
    #DIV/0!
    #DIV/0!
    #DIV/0!

    #DIV/0!
    #DIV/0!

    0.000

    #DIV/0!
    #DIV/0!
    #DIV/0!
    Steps involved in grinding cost reduction

    1 Calculate the total grinding cost


    2 Calculate the operation wise grinding cost
    3.Identify the major cost element - Operation / Type of consumable
    4.Analyse the root cause for the higher grinding cost
    5.Decide the action based on the analysis findings

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