How To Calculate Average SMV Of a Factory While Produce Different Style Last Month?
How To Calculate Average SMV For Multiple Style?
What is SMV:
SMV means total time required to complete a garments. If a garments SMV is 15 that means the time duration from starting of first process to end of last process will 15 min and will produce a complete garments within this certain period. SMV is used for setting individual operator target & line target. Read more details about What is Cycle Time, Basic Time & SMV?
Calculating Average SMV of a Factory |
We will know today how to calculate average SMV while producing different styles with different product SMV. There are some ways to determine average SMV will discuss below:
Suppose total 5 styles run in a production floor last month.
Style SMV Production Style Ratio
A 11.25
75000
30%
B
16.15 75000
30%
C
20 37500
15%
D
24 37500
15%
E 32 25000 10%
Method 1:
Average SMV of all 5 style = Sum of all SMV / Number of Style
= (11.25+16.15+20+24+32)/5
= 103.4/5
= 20.68 Min
But this is wrong way of calculating average SMV. You will get wrong figure if you use this average SMV.
Correct Method 1:
SAH of Style A = Production * SMV/60
= ( 75000*11.25/60)
=14062.5 Hour
Same way Style B = 20187.5 Hour, C = 12500 Hour, D = 15000 Hour & E = 13333.33 Hour
Total SAH = 14062.5+20187.5+12500+15000+13333.33 = 75083.33 Hour
And Total Production = 75000+75000+37500+37500+25000 = 250000Pcs
So SMV = (Sum of SAH*60)/Total Production
= (75083.33*60)/250000
= 18.02 Min
Note: As SMV also in a minute so, we can use below equation also.
Average SMV = (Style A SMV * Output)+(Style B SMV * Output)+(Style C SMV * Output)+(Style D SMV *Output)+(Style E SMV * Output)/Total Production
Correct Method 2:
Average SMV = (Style A SMV * Output %)+(Style B SMV * Output %)+(Style C SMV * Output %)+(Style D SMV * Output %)+(Style E SMV * Output %)
=(11.25*30%)+(16.15*30%)+(20*15%)+(24*15%)+(32*10%)
=3.375+4.845+3+3.6+3.2
= 18.02 Min
By calculating average SMV, we can estimate total factory production capacity.
If you have any confusion/questions regarding this , please feel free share your query with us.
Read also : How to Calculate Production Capacity of a Factory ?
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