6 Examples to Calculate Cycle Time in Excel

If you are a businessman, you need to keep track of your production time. How much it took to produce your items, the duration of packaging, and the time it took to deliver them to their destination-these are the things that matter to make your business profitable. So knowing how to calculate cycle time is important for a businessman. In this article, we will help you learn to calculate cycle time in Excel in different units.

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Definition of Cycle Time

Learn to Calculate Cycle Time in Excel Using These 6 Different Cases

1. Calculating Parts per Hour

2. Calculating Hours per Part

3. Calculating Parts per Minute

4. Calculating Minutes per Part

5. Calculating Parts per Second

6. Calculating Seconds per Part

📝 Takeaways from This Article

Conclusion

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Download this file to practice.

Calculate Cycle Time.xlsx

Definition of Cycle Time

Cycle Time is a measurement of the amount of time needed to produce a finished good or provide a service. It’s one of the most important flow indicators that will enable you to manage a project effectively. This straightforward formula can be used to determine cycle time:

Here, net production time is the overall time, measured in seconds, minutes, hours, or days, that your production process took. Here’s an example to fully understand the concept.

Suppose a company produces 100 components per day. So the number of units made is 100. The company’s net production time is 8 hours, meaning that for 8 hours a day, the company works straight to produce those 100 components. So the cycle time is 8/100 = 0.08 components per day or approximately 4.8 minutes to produce a component.

Learn to Calculate Cycle Time in Excel Using These 6 Different Cases

Using the above formula, we will calculate cycle time in 6 units in Excel. We will use the same example to explain how you can do that in hours, minutes, and seconds. We have a dataset of a company’s production history for a couple of days. So, let’s learn the tricks.

Case 1

1. Calculating Parts per Hour

First, we will calculate cycle time in hours, which means we will try to determine how many components the company produces in one hour.

⬇️⬇️ STEPS ⬇️⬇️

First, select your output cell. For us, it is D6. Then, type this formula.

=B6/C6

Afterward, hit Enter and see that 50 Parts were produced in one hour.

Finally, use the Fill Handle tool to copy down the formula.

Case 2

2. Calculating Hours per Part

Now, we will calculate cycle time per part, meaning we will try to determine how many hours it took to produce one part.

⬇️⬇️ STEPS ⬇️⬇️

First, select your output cell. For us, it is D6. Then, type this formula.

=C6/B6

Next, hit Enter and see that it took 0.02 hours to produce one part.

Finally, use the Fill Handle tool to copy down the formula.

📕 Read More: 7 Examples to Calculate Duration of Time in Excel

Case 3

3. Calculating Parts per Minute

Now, we will calculate cycle time in minutes, which means we will try to determine how many components the company produces in one minute. As our previous data was in hours, we will multiply the hours by 60 to make them minutes.

⬇️⬇️ STEPS ⬇️⬇️

First, select your output cell D6. Then, type this formula.

=B6/(C6*60)

Subsequently, hit Enter and see that 0.83 Parts were produced in one minute.

Finally, use the Fill Handle tool to copy down the formula.

Case 4

4. Calculating Minutes per Part

In this section, we will calculate cycle time per part, meaning we will try to determine how many minutes it took to produce one part.

⬇️⬇️ STEPS ⬇️⬇️

First, select your output cell. For us, it is D6. Then, type this formula.

=(C6*60)/B6

Following this, hit Enter and see that it took 1.2 minutes to produce one part.

Finally, use the Fill Handle tool to copy down the formula.

Case 5

5. Calculating Parts per Second

Now, we will calculate cycle time in seconds, which means we will try to determine how many components the company produces in one second. We will convert the hours into seconds by multiplying them with 60*60=3600.

⬇️⬇️ STEPS ⬇️⬇️

First, select D6. Then, type this formula.

=B6/(C6*60*60)

Second, hit Enter and see that 0.014 Parts were produced in one second.

Finally, use the Fill Handle tool to copy down the formula.

Case 6

6. Calculating Seconds per Part

In this section, we will calculate cycle time per part, meaning we will try to determine how many seconds it took to produce one part.

⬇️⬇️ STEPS ⬇️⬇️

To start with, select cell D6. Then type this formula.

=(C6*60*60)/B6

Afterward, hit Enter and see that it took 72 seconds to produce one part.

Finally, use the Fill Handle tool to copy down the formula.

📝 Takeaways from This Article

📌 First, we calculated cycle time for parts per hour and hours per part.

📌 Afterward, we demonstrated the procedures to calculate cycle time for parts per minute and minutes per part.

📌 Finally, cycle time for parts per second and seconds per part was shown.

Conclusion

We have reached the end of our article. We hope you enjoyed this article, which will help you calculate cycle time in Excel and manage your business or working time smoothly. Moreover, if you have any more queries, comment below and we will reach out to you. For more tutorials like this, visit Excelden.com.