Direct labour Rate given Total rate for Machining and Operator Solution

STEP 0: Pre-Calculation Summary
Formula Used
Direct Labor Rate = (Total Rate of Machining and Operator-((Factor to Allow For Machining*Constant For Tool Type(e)*Initial Work Piece Weight^Constant For Tool Type(f))/(2*Amortized Years*Number of Shifts)))/Factor to Allow For Operator
Ro = (Rt-((Km*e*W^f)/(2*ny*ns)))/Ko
This formula uses 9 Variables
Variables Used
Direct Labor Rate - Direct Labor Rate is calculated by dividing that dollar amount by the total hours of the labor.
Total Rate of Machining and Operator - The Total Rate of Machining and Operator is the total speed of the machining and operator process.
Factor to Allow For Machining - Factor to Allow For Machining is defined as the constant factor for the machining process.
Constant For Tool Type(e) - Constant For Tool Type(e) is defined as the constant for the type of material used in the tool.
Initial Work Piece Weight - (Measured in Kilogram) - Initial Work Piece Weight is defined as the weight of the work piece before undergoing machining operation.
Constant For Tool Type(f) - Constant For Tool Type(f) is defined as the constant for the type of material used in the tool.
Amortized Years - (Measured in Year) - Amortized Years are the years for the process of spreading the cost of an intangible asset.
Number of Shifts - The Number of Shifts is defined as the number of shifts of the labour for a given machining operation.
Factor to Allow For Operator - Factor to Allow For Operator is defined as the constant factor for the operator process.
STEP 1: Convert Input(s) to Base Unit
Total Rate of Machining and Operator: 28.13661 --> No Conversion Required
Factor to Allow For Machining: 2.1 --> No Conversion Required
Constant For Tool Type(e): 45 --> No Conversion Required
Initial Work Piece Weight: 12.79999 Kilogram --> 12.79999 Kilogram No Conversion Required
Constant For Tool Type(f): 0.27 --> No Conversion Required
Amortized Years: 10.18 Year --> 10.18 Year No Conversion Required
Number of Shifts: 3 --> No Conversion Required
Factor to Allow For Operator: 2 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
Ro = (Rt-((Km*e*W^f)/(2*ny*ns)))/Ko --> (28.13661-((2.1*45*12.79999^0.27)/(2*10.18*3)))/2
Evaluating ... ...
Ro = 12.5285579359669
STEP 3: Convert Result to Output's Unit
12.5285579359669 --> No Conversion Required
FINAL ANSWER
12.5285579359669 12.52856 <-- Direct Labor Rate
(Calculation completed in 00.004 seconds)

Credits

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Created by Parul Keshav
National Institute of Technology (NIT), Srinagar
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Verified by Rajat Vishwakarma
University Institute of Technology RGPV (UIT - RGPV), Bhopal
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Direct labour Rate given Total rate for Machining and Operator Formula

​LaTeX ​Go
Direct Labor Rate = (Total Rate of Machining and Operator-((Factor to Allow For Machining*Constant For Tool Type(e)*Initial Work Piece Weight^Constant For Tool Type(f))/(2*Amortized Years*Number of Shifts)))/Factor to Allow For Operator
Ro = (Rt-((Km*e*W^f)/(2*ny*ns)))/Ko

What's the difference between a machinist and a machine operator?

When it comes to day-to-day job duties, the responsibilities of a Machine Operator and a Machinist are quite similar. The one key difference is that a Machinist normally has additional training so that they can program and repair the machines.

How to Calculate Direct labour Rate given Total rate for Machining and Operator?

Direct labour Rate given Total rate for Machining and Operator calculator uses Direct Labor Rate = (Total Rate of Machining and Operator-((Factor to Allow For Machining*Constant For Tool Type(e)*Initial Work Piece Weight^Constant For Tool Type(f))/(2*Amortized Years*Number of Shifts)))/Factor to Allow For Operator to calculate the Direct Labor Rate, Direct labour Rate given Total rate for Machining and Operator refers to the cost of labor directly involved in the machining process. This includes the wages or salaries paid to the machinists operating the machinery and performing the machining tasks. Direct Labor Rate is denoted by Ro symbol.

How to calculate Direct labour Rate given Total rate for Machining and Operator using this online calculator? To use this online calculator for Direct labour Rate given Total rate for Machining and Operator, enter Total Rate of Machining and Operator (Rt), Factor to Allow For Machining (Km), Constant For Tool Type(e) (e), Initial Work Piece Weight (W), Constant For Tool Type(f) (f), Amortized Years (ny), Number of Shifts (ns) & Factor to Allow For Operator (Ko) and hit the calculate button. Here is how the Direct labour Rate given Total rate for Machining and Operator calculation can be explained with given input values -> 12.5 = (28.13661-((2.1*45*12.79999^0.27)/(2*321249771.36*3)))/2.

FAQ

What is Direct labour Rate given Total rate for Machining and Operator?
Direct labour Rate given Total rate for Machining and Operator refers to the cost of labor directly involved in the machining process. This includes the wages or salaries paid to the machinists operating the machinery and performing the machining tasks and is represented as Ro = (Rt-((Km*e*W^f)/(2*ny*ns)))/Ko or Direct Labor Rate = (Total Rate of Machining and Operator-((Factor to Allow For Machining*Constant For Tool Type(e)*Initial Work Piece Weight^Constant For Tool Type(f))/(2*Amortized Years*Number of Shifts)))/Factor to Allow For Operator. The Total Rate of Machining and Operator is the total speed of the machining and operator process, Factor to Allow For Machining is defined as the constant factor for the machining process, Constant For Tool Type(e) is defined as the constant for the type of material used in the tool, Initial Work Piece Weight is defined as the weight of the work piece before undergoing machining operation, Constant For Tool Type(f) is defined as the constant for the type of material used in the tool, Amortized Years are the years for the process of spreading the cost of an intangible asset, The Number of Shifts is defined as the number of shifts of the labour for a given machining operation & Factor to Allow For Operator is defined as the constant factor for the operator process.
How to calculate Direct labour Rate given Total rate for Machining and Operator?
Direct labour Rate given Total rate for Machining and Operator refers to the cost of labor directly involved in the machining process. This includes the wages or salaries paid to the machinists operating the machinery and performing the machining tasks is calculated using Direct Labor Rate = (Total Rate of Machining and Operator-((Factor to Allow For Machining*Constant For Tool Type(e)*Initial Work Piece Weight^Constant For Tool Type(f))/(2*Amortized Years*Number of Shifts)))/Factor to Allow For Operator. To calculate Direct labour Rate given Total rate for Machining and Operator, you need Total Rate of Machining and Operator (Rt), Factor to Allow For Machining (Km), Constant For Tool Type(e) (e), Initial Work Piece Weight (W), Constant For Tool Type(f) (f), Amortized Years (ny), Number of Shifts (ns) & Factor to Allow For Operator (Ko). With our tool, you need to enter the respective value for Total Rate of Machining and Operator, Factor to Allow For Machining, Constant For Tool Type(e), Initial Work Piece Weight, Constant For Tool Type(f), Amortized Years, Number of Shifts & Factor to Allow For Operator and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
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