Factor to allow for Operator 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 Machining is defined as the constant factor for the machining process.ⓘ Factor to Allow For Machining [K_m]			+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%
✖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%
✖Direct Labor Rate is calculated by dividing that dollar amount by the total hours of the labor.ⓘ Direct Labor Rate [R_o]			+10% -10%

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

⎘ Copy

👎

Formula

LaTeX

Reset

👍

Download Production Engineering Formula PDF PDF Image

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

STEP 0: Pre-Calculation Summary

Formula Used

Factor to Allow For Operator = (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)))/Direct Labor Rate
K_o = (R_t-((K_m*e*W^f)/(2*y*N_s)))/R_o
This formula uses 9 Variables

Variables Used

Factor to Allow For Operator - Factor to Allow For Operator is defined as the constant factor for the operator 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 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) 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.
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.
Direct Labor Rate - Direct Labor Rate is calculated by dividing that dollar amount by the total hours of the labor.

STEP 1: Convert Input(s) to Base Unit

Total Rate of Machining And Operator: 28.134 --> 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: 12.8 Kilogram --> 12.8 Kilogram No Conversion Required
Constant For Tool Type (f): 0.27 --> No Conversion Required
Amortized Years: 10.006643836 Year --> 10.006643836 Year No Conversion Required
Number of Shifts: 3 --> No Conversion Required
Direct Labor Rate: 12.5 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

K_o = (R_t-((K_m*e*W^f)/(2*y*N_s)))/R_o --> (28.134-((2.1*45*12.8^0.27)/(2*10.006643836*3)))/12.5

Evaluating ... ...

K_o = 2.00009245813692

STEP 3: Convert Result to Output's Unit

2.00009245813692 --> No Conversion Required

FINAL ANSWER

2.00009245813692 ≈ 2.000092 <-- Factor to Allow For Operator

(Calculation completed in 00.020 seconds)

You are here -

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

Credits

Created by Parul Keshav

National Institute of Technology (NIT), Srinagar

Parul Keshav has created this Calculator and 300+ more calculators!

Verified by Rajat Vishwakarma

University Institute of Technology RGPV (UIT - RGPV), Bhopal

Rajat Vishwakarma has verified this Calculator and 400+ more calculators!

< 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 Operator overheads given Total rate for Machining and Operator Formula

LaTeX Go

What is the difference between direct and indirect Labour?

While direct labor comprises work done on certain products or services, indirect labor is employee work that can't be traced back or billed to services or goods produced.

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

Factor to allow for Operator overheads given Total rate for Machining and Operator calculator uses Factor to Allow For Operator = (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)))/Direct Labor Rate to calculate the Factor to Allow For Operator, The Factor to allow for Operator overheads given Total rate for Machining and Operator is defined as the constant factor for the operator process. Factor to Allow For Operator is denoted by K_o symbol.

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

FAQ

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

The Factor to allow for Operator overheads given Total rate for Machining and Operator is defined as the constant factor for the operator process and is represented as K_o = (R_t-((K_m*e*W^f)/(2*y*N_s)))/R_o or Factor to Allow For Operator = (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)))/Direct Labor Rate. 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) 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, 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 & Direct Labor Rate is calculated by dividing that dollar amount by the total hours of the labor.

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

The Factor to allow for Operator overheads given Total rate for Machining and Operator is defined as the constant factor for the operator process is calculated using Factor to Allow For Operator = (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)))/Direct Labor Rate. To calculate Factor to allow for Operator overheads given Total rate for Machining and Operator, you need Total Rate of Machining And Operator (R_t), Factor to Allow For Machining (K_m), Constant For Tool Type (e) (e), Initial Work Piece Weight (W), Constant For Tool Type (f) (f), Amortized Years (y), Number of Shifts (N_s) & Direct Labor Rate (R_o). 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 & Direct Labor Rate and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.

Home

FREE PDFs

🔍 Search