Examples
Examples
Try the starting example
- Scrapped units (units)
- 10
- Cost per scrapped unit (USD/unit)
- 8
- Rework hours (hours)
- 5
- Rework labor rate (USD/hour)
- 20
- Extra rework material cost (USD)
- 15
- Good completed units (units)
- 100
- Scrap loss (USD)
- $80.00
- Rework cost (USD)
- $115.00
- Total quality loss (USD)
- $195.00
- Loss per good unit (USD/unit)
- $1.95
Try another scenario
- Scrapped units (units)
- 5
- Cost per scrapped unit (USD/unit)
- 8
- Rework hours (hours)
- 5
- Rework labor rate (USD/hour)
- 20
- Extra rework material cost (USD)
- 15
- Good completed units (units)
- 100
- Scrap loss (USD)
- $40.00
- Rework cost (USD)
- $115.00
- Total quality loss (USD)
- $155.00
- Loss per good unit (USD/unit)
- $1.55
Calculation method
Calculation method
Scrap loss (USD)
scrapCount*unitCost.
Rework cost (USD)
hours*rate+extraMaterial.
Total quality loss (USD)
scrapLoss+reworkCost.
Loss per good unit (USD/unit)
total/goodUnits.
Symbols and units
- a
- Scrapped units (units)
- b
- Cost per scrapped unit (USD/unit)
- c
- Rework hours (hours)
- d
- Rework labor rate (USD/hour)
- e
- Extra rework material cost (USD)
- f
- Good completed units (units)
Use the units shown. A list keeps the order in which you enter its values. The symbol ^ means “raised to the power of”.
Assumptions & limits
Assumptions & limits
- Incremental supplied cost model; avoid including same cost in scrap and rework; no revenue, tax or accounting rule inferred. Supported limits: Nonnegative values; integer units; goodUnits>0.
Are these inputs private?
These calculations run in your browser. A shared link contains the values you choose to share. Only questions submitted to the separate AI finder are sent to OpenAI.
Further reading
Background reading; this does not imply endorsement or independent review of SumFizz.