In our daily life, time is a precious commodity. A company’s capability of creation, growth, expectations, and maximum things are closely linked to Time. We can say that time is one of the main key performance indicators in a company. Cycle time is one indicator that assists industrial executives to have a better understanding of productivity. In this article, we will demonstrate several calculations of cycle time measuring different units. So let’s see how to calculate cycle time in Excel.
Download Practice Workbook
You can download the workbook and practice with them.
What is Cycle Time?
Cycle time is a divisive topic. The meaning of cycle time is up for disagreement. The average time that takes for a process to complete from start to finish is known as cycle time. This is the most basic definition. Cycle time can be started in a variety of different units. It is the average time between unit completions.
7 Different Examples to Calculate Cycle Time in Excel
1. Simple Formula to Calculate Cycle Time in Excel
Suppose we have the following dataset, there we have some tasks to perform and we have the start date and end date individually for each task, now we need to calculate the cycle time. We can calculate the cycle time using a simple formula in Excel. To calculate the cycle time we need to write a simple formula which is, Cycle Time = End Date – Start Date.
Let’s go through the steps below to calculate cycle time.
STEPS:
- Firstly, select the cell where we want to get the cycle time. So, we select cell E5.
- Secondly, write down the formula below.
=D5-C5
Here, D5 indicates the end date and C5 indicates the start date.
- After that, press Enter.
- If we click on the resulting cell E5, the formula will show in the formula bar.
- Next, drag the Fill Handle down over the range we want to calculate the cycle time to copy the formula.
- Finally, we can see the result in column E.
Related Content: Timesheet Formula in Excel (5 Examples)
2. Cycle Time Calculation in Parts per Minutes
Cycle time can be stated in a variety of several units. To get the cycle time we are going to use the dataset below which contains the tasks that are performed in column B, the parts of the tasks in column C, and the duration in minutes in column D. The formula for calculating the cycle time in parts per minutes is, Cycle Time = Number of Parts / Minutes.
Now, let’s calculate the cycle time unit measurement parts per minute in column E.
STEPS:
- Likewise, the previous method, first, selects cell E5.
- Now, type the bellowed formula.
=C5/D5
Here, C5 indicates the parts and D5 indicates the duration in minutes.
- Next, pressing the Enter button will show the result in cell E5 and we can look at the formula in the formula bar.
- After that, drag down the Fill Handle, as shown in the picture below.
- And, that’s it!
- Finally, we can view the result of parts per minute cycle time in column E.
Read More: How to Calculate Hours and Minutes for Payroll Excel (7 Easy Ways)
3. Compute Minutes per Part Cycle Time in Excel
Now if we want to calculate the minutes per part cycle time, we need to use a formula. And the formula is, Cycle Time = Minutes /Number of Parts. So, let’s get into the steps below to calculate the cycle time.
STEPS:
- By the same token as an earlier method, choose the cell where we wish to calculate the cycle time.
- Next, write down the formula.
=D5/C5
Here, C5 denotes the parts and D5 denotes the duration of the parts in minutes.
- Now, press the Enter button from your keyboard.
- And if we click on the resulting cell we can view the formula in the formula bar.
- After that, drag the Fill Handle down.
- And, finally, the result is in column E which shows the cycle time.
Related Content: How to Add Minutes to Time in Excel (5 Easy Ways)
4. Cycle Time Calculation in Parts per Seconds
To find the parts per second cycle time calculation we gave to use the formula Cycle Time = Number of parts / Minutes*60. To get the cycle time we need to follow the steps down.
STEPS:
- Correspondingly, as shown in the previous methods, select the cell E5.
- After that, type the formula there.
=C5/(D5*60)
Here, C5 represents the parts, and D5 represents the duration of the parts in minutes.
- Now, on the keyboard, press Enter.
- This will show the result in that particular cell and we can see the formula for the calculation in the formula bar.
- Further, to replicate the formula, drag the Fill Handle down over the range for which we want to compute the cycle time.
- Finally, we can see the cycle time is calculated using the formula and show the result in column E.
Read More: Calculate Hours Between Two Times in Excel (6 Methods)
Similar Readings:
- Excel Formula for Overtime over 8 Hours (4 Examples)
- How to Calculate Total Hours Worked in a Week in Excel (Top 5 Methods)
- Subtract Date and Time in Excel (6 Easy Ways)
- How to Calculate Time Difference Between AM and PM in Excel
- Calculate Percentage of Time in Excel (4 Suitable Examples)
5. Calculate Seconds per Part Cycle Time
The formula for calculating seconds per part cycle time is Cycle Time = Minutes*60 / Number of parts. Let’s go through the procedure below to do the calculation for the cycle time in the range E5:E10.
STEPS:
- Similarly, as before, select cell E5.
- Then, write down the formula there.
=(D5*60)/C5
Here, C5 defines the parts and D5 defines the duration in minutes.
- Now, press the Enter bar on the keyboard.
- And, we will be able to see the result and the formula will appear in the formula bar.
- Furthermore, to duplicate the formula, drag the Fill handle downwards over through the range for which we want to calculate the cycle time.
- And, there you go! The result is now shown in the resulting column E.
Read More: How to Sum Time in Excel (9 Suitable Methods)
6. Cycle Time Calculation in Parts per Hour
For calculating parts per hour cycle time, we need a formula which is, Cycle Time = (Minutes / 60) / Number of parts. Let’s look at how to calculate the cycle time in the range E5:E10 using the steps below.
STEPS:
- Firstly, in the same way as before, select cell E5.
- After that, type the formula down in the cell.
=(D5/60)/C5
Here, C5 signifies the parts and D5 signifies the duration of the parts in minutes.
- Now press Enter.
- This will show the result in cell E5 and we can see the formula in the formula bar.
- Now, to copy the formula, drag the Fill Handle down over the range.
- Finally, we can see the parts per hour cycle time in column E.
Read More: How to Calculate Difference Between Two Dates and Times in Excel
7. Calculate Cycle Time in Hours per Part in Excel
Cycle Time = Number of Parts / (Minutes / 60), is the formula for computing hours per part cycle time. Let’s look at how to use the methods below to compute the cycle time in the range E5:E10.
STEPS:
- To begin, choose the cell from which we wish to obtain the cycle time. As a result, we choose cell E5.
- After that, type the formula down.
=C5/(D5/60)
Here, C5 indicates the parts, and D5 indicates the duration of the parts in minutes.
- Hit the Enter key.
- The formula will appear in the formula bar if we click on the resultant cell E5.
- To paste the formula over the range, drag the Fill Handle down.
- Finally, the result is found in column E.
Read More: How to Calculate Time in Excel (16 Possible Ways)
Conclusion
The above methods will assist you to calculate cycle time in Excel. Hope this will help you! If you have any questions, suggestions, or feedback please let us know in the comment section. Or you can have a glance at our other articles in the ExcelDemy.com blog!