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Total Cost Per Unit Time

Last modified by
on
Jul 24, 2020, 6:28:07 PM
Created by
on
Feb 21, 2014, 2:00:09 PM
TC=UCD+VC
(UC)Unit Cost
(D)Demand
(VC)Variable Cost per unit time
Tags
UUID
7992d058-9b00-11e3-9cd9-bc764e2038f2

The Total Cost Per Unit Time calculator computes the total cost as a function of the Unit Cost, Demand and Variable Cost per Unit of Time.

INSTRUCTIONS: Choose the preferred currency units and enter the following:

  • (UC) This is the Unit Cost
  • (D) This is the Demand per unit time
  • (VC)  This is the Variable Cost per unit time

Total Cost Per Unit Time:  The calculator returns the total cost in U.S. dollars.  However, this can be automatically converted to other currency units via the pull-down menu.  

Note: the unit of time must remain consistent between the demand and variable cost.   For example if the demand is in units per day, the variable cost must be per day.

Other Inventory Management Calculators:


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