Some Important Formula for IE:
1. Standard Pitch Time (S.P.T) = Basic Pitch Time (B.P.T) + Allowances (%)
▪ GSD = (Man power * Work hour) / Target
▪ SMV = Basic time + (Basic time * Allowance)
▪ Basic time = Observed time * Rating
▪ Observed time = Total Cycle time / No of cycle
▪ Rating = (Observed Rating * Standard rating) / Standard rating
▪ Efficiency = (Earn minute * Available minute) * 100
▪ Earn minute = No of Pc’s (Production) * Garments SMV
▪ Available minute = Work hour * Manpower
▪ Organization Efficiency = (Basic pis time / Bottle neck time) * 100
▪ Basic pis time = Total GMT SMV / Total Manpower
▪ UCL = Basic pis time / Organization Efficiency
▪ LCL = 2 * Basic pis time – UCL
▪ Capacity = 60 / Capacity time in minute
▪ Cycle Time = 60 / Team target
▪ Capacity Achievable = Capacity * Balance
▪ Daily output = Work hour / SMV
▪ Factory capacity = (Work hour / SMV) * Total worker * Working day * Efficiency
▪ CPM = (Total over head cost of the month / No of SMV earners * Work minutes) *Efficiency
▪ Required no of operator = Target daily output / Daily output per operator