Standard Minute Value (SMV) Calculator

Calculate Standard Minute Value







Formula

To calculate the Standard Minute Value (\(SMV\)):

\[ SMV = BM + BA + MA + FA \]

Where:

What is Standard Minute Value?

The Standard Minute Value (SMV) is a measure used in manufacturing and production to determine the time required to complete a task or operation. It includes the basic time needed to perform the task, as well as allowances for bundle handling, machine operation, and worker fatigue. Calculating the SMV helps in planning, scheduling, and improving efficiency in production processes.

Example Calculation 1

Let's assume the following values:

Using the formula:

\[ SMV = 5 + 1 + 2 + 0.5 = 8.5 \text{ minutes} \]

The Standard Minute Value is 8.5 minutes.

Example Calculation 2

Let's assume the following values:

Using the formula:

\[ SMV = 3 + 0.5 + 1.5 + 0.2 = 5.2 \text{ minutes} \]

The Standard Minute Value is 5.2 minutes.