Factor to allow for Machining overheads given Total rate for Machining and Operator Calculator

✖Total Rate of Machining And Operator is the total speed of the machining and operator process.ⓘ Total Rate of Machining And Operator [R_t]			+10% -10%
✖Factor to Allow For Operator is defined as the constant factor for the operator process.ⓘ Factor to Allow For Operator [K_o]			+10% -10%
✖Direct Labor Rate is calculated by dividing that dollar amount by the total hours of the labor.ⓘ Direct Labor Rate [R_o]			+10% -10%
✖Amortized Years refers to the expected lifespan or durability of a machine tool or equipment, factoring in its cost over that lifespan.ⓘ Amortized Years [y]			+10% -10%
✖The Number of Shifts is defined as the number of shifts of the labour for a given machining operation.ⓘ Number of Shifts [N_s]			+10% -10%
✖Constant For Tool Type (e) refers to a numerical value or coefficient used in formulas or calculations to represent specific characteristics or properties of a particular type of cutting tool.ⓘ Constant For Tool Type (e) [e]			+10% -10%
✖Initial Work Piece Weight is defined as the weight of the work piece before undergoing machining operation.ⓘ Initial Work Piece Weight [W]			+10% -10%
✖Constant For Tool Type (f) is defined as the constant for the type of material used in the tool.ⓘ Constant For Tool Type (f) [f]			+10% -10%

✖Factor to Allow For Machining is defined as the constant factor for the machining process.ⓘ Factor to allow for Machining overheads given Total rate for Machining and Operator [K_m]

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Factor to allow for Machining overheads given Total rate for Machining and Operator Solution

STEP 0: Pre-Calculation Summary

Formula Used

Factor to Allow For Machining = (Total Rate of Machining And Operator-(Factor to Allow For Operator*Direct Labor Rate))*(2*Amortized Years*Number of Shifts)/(Constant For Tool Type (e)*Initial Work Piece Weight^Constant For Tool Type (f))
K_m = (R_t-(K_o*R_o))*(2*y*N_s)/(e*W^f)
This formula uses 9 Variables

Variables Used

Factor to Allow For Machining - Factor to Allow For Machining is defined as the constant factor for the machining process.
Total Rate of Machining And Operator - Total Rate of Machining And Operator is the total speed of the machining and operator process.
Factor to Allow For Operator - Factor to Allow For Operator is defined as the constant factor for the operator process.
Direct Labor Rate - Direct Labor Rate is calculated by dividing that dollar amount by the total hours of the labor.
Amortized Years - (Measured in Year) - Amortized Years refers to the expected lifespan or durability of a machine tool or equipment, factoring in its cost over that lifespan.
Number of Shifts - The Number of Shifts is defined as the number of shifts of the labour for a given machining operation.
Constant For Tool Type (e) - Constant For Tool Type (e) refers to a numerical value or coefficient used in formulas or calculations to represent specific characteristics or properties of a particular type of cutting 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.

STEP 1: Convert Input(s) to Base Unit

Total Rate of Machining And Operator: 28.134 --> No Conversion Required
Factor to Allow For Operator: 1.999926 --> No Conversion Required
Direct Labor Rate: 12.5 --> No Conversion Required
Amortized Years: 10.006643836 Year --> 10.006643836 Year No Conversion Required
Number of Shifts: 3 --> No Conversion Required
Constant For Tool Type (e): 45 --> No Conversion Required
Initial Work Piece Weight: 12.8 Kilogram --> 12.8 Kilogram No Conversion Required
Constant For Tool Type (f): 0.27 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

K_m = (R_t-(K_o*R_o))*(2*y*N_s)/(e*W^f) --> (28.134-(1.999926*12.5))*(2*10.006643836*3)/(45*12.8^0.27)

Evaluating ... ...

K_m = 2.10139474730089

STEP 3: Convert Result to Output's Unit

2.10139474730089 --> No Conversion Required

FINAL ANSWER

2.10139474730089 ≈ 2.101395 <-- Factor to Allow For Machining

(Calculation completed in 00.004 seconds)

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Home » Engineering » Production Engineering » Metal Machining » Metal Machining Economics » Production Cost » Machining Cost » Factor to allow for Machining overheads given Total rate for Machining and Operator

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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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< Machining Cost Calculators

Total Machining and Operating Costs using Average Production Cost

LaTeX Go Total Machining And Operating Cost = (Production Cost of Each Component-(Average Cost of A Tool*Non Productive Time)-(Number of Tools Used/Batch Size*(Average Cost of A Tool*Time to Change One Tool+Average Cost of A Tool)))*Batch Size

Total Machining and Operating Costs given Total Production Cost

LaTeX Go Total Machining And Operating Cost = Total Production Cost-(Total Cost of Tools Used+Total Tool Changing Cost+Total Non Productive Cost)

Machining and Operating Rate given Total Machining and Operating Cost

LaTeX Go Machining And Operating Rate = Rate of Total Machining And Operating Cost/Total Production Time

Total Machining and Operating Cost

LaTeX Go Rate of Total Machining And Operating Cost = Machining And Operating Rate*Total Production Time

Factor to allow for Machining overheads given Total rate for Machining and Operator Formula

LaTeX Go

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 Factor to allow for Machining overheads given Total rate for Machining and Operator?

Factor to allow for Machining overheads given Total rate for Machining and Operator calculator uses Factor to Allow For Machining = (Total Rate of Machining And Operator-(Factor to Allow For Operator*Direct Labor Rate))*(2*Amortized Years*Number of Shifts)/(Constant For Tool Type (e)*Initial Work Piece Weight^Constant For Tool Type (f)) to calculate the Factor to Allow For Machining, The Factor to allow for Machining overheads given Total rate for Machining and Operator is defined as the constant factor for the machining process. Factor to Allow For Machining is denoted by K_m symbol.

How to calculate Factor to allow for Machining overheads given Total rate for Machining and Operator using this online calculator? To use this online calculator for Factor to allow for Machining overheads given Total rate for Machining and Operator, enter Total Rate of Machining And Operator (R_t), Factor to Allow For Operator (K_o), Direct Labor Rate (R_o), Amortized Years (y), Number of Shifts (N_s), Constant For Tool Type (e) (e), Initial Work Piece Weight (W) & Constant For Tool Type (f) (f) and hit the calculate button. Here is how the Factor to allow for Machining overheads given Total rate for Machining and Operator calculation can be explained with given input values -> 2.1 = (28.134-(1.999926*12.5))*(2*315779179.213748*3)/(45*12.8^0.27).

FAQ

What is Factor to allow for Machining overheads given Total rate for Machining and Operator?

The Factor to allow for Machining overheads given Total rate for Machining and Operator is defined as the constant factor for the machining process and is represented as K_m = (R_t-(K_o*R_o))*(2*y*N_s)/(e*W^f) or Factor to Allow For Machining = (Total Rate of Machining And Operator-(Factor to Allow For Operator*Direct Labor Rate))*(2*Amortized Years*Number of Shifts)/(Constant For Tool Type (e)*Initial Work Piece Weight^Constant For Tool Type (f)). Total Rate of Machining And Operator is the total speed of the machining and operator process, Factor to Allow For Operator is defined as the constant factor for the operator process, Direct Labor Rate is calculated by dividing that dollar amount by the total hours of the labor, Amortized Years refers to the expected lifespan or durability of a machine tool or equipment, factoring in its cost over that lifespan, The Number of Shifts is defined as the number of shifts of the labour for a given machining operation, Constant For Tool Type (e) refers to a numerical value or coefficient used in formulas or calculations to represent specific characteristics or properties of a particular type of cutting 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.

How to calculate Factor to allow for Machining overheads given Total rate for Machining and Operator?

The Factor to allow for Machining overheads given Total rate for Machining and Operator is defined as the constant factor for the machining process is calculated using Factor to Allow For Machining = (Total Rate of Machining And Operator-(Factor to Allow For Operator*Direct Labor Rate))*(2*Amortized Years*Number of Shifts)/(Constant For Tool Type (e)*Initial Work Piece Weight^Constant For Tool Type (f)). To calculate Factor to allow for Machining overheads given Total rate for Machining and Operator, you need Total Rate of Machining And Operator (R_t), Factor to Allow For Operator (K_o), Direct Labor Rate (R_o), Amortized Years (y), Number of Shifts (N_s), Constant For Tool Type (e) (e), Initial Work Piece Weight (W) & Constant For Tool Type (f) (f). With our tool, you need to enter the respective value for Total Rate of Machining And Operator, Factor to Allow For Operator, Direct Labor Rate, Amortized Years, Number of Shifts, Constant For Tool Type (e), Initial Work Piece Weight & Constant For Tool Type (f) 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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