CPIM Practice Exam

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What is the formula to calculate available time?

Machines x Workers
Equipment or workers x Hours in the time bucket
Hours worked x Efficiency
Total hours x Utilization

The correct answer is: Equipment or workers x Hours in the time bucket

The formula to calculate available time focuses on the productive capacity of equipment or workers over a specified timeframe, which is crucial in determining how much actual work can be performed. By multiplying the number of machines or workers by the hours available in a specific time bucket, you can ascertain the total time available for production or tasks. This calculation takes into account that simply having machines or workers does not equate to their effective availability since it must also consider the actual hours in the time period being analyzed. This method is particularly effective because it encompasses both the resources (machines or workers) and the time they are available for work, enabling a comprehensive understanding of available capacity in the production environment. Knowing this allows organizations to plan efficiently, allocate resources appropriately, and manage production schedules effectively.