Machining and Operating Rate given Total Machining and Operating Cost Calculator

✖Rate of Total Machining And Operating Cost is the rate of total amount of money required to machine a given batch of product.ⓘ Rate of Total Machining And Operating Cost [C_r]			+10% -10%
✖Total Production Time is the net time taken to produce a complete match of products, including overheads.ⓘ Total Production Time [TPT]			+10% -10%

✖Machining And Operating Rate is the money charged for processing on and operating machines per unit time, including overheads.ⓘ Machining and Operating Rate given Total Machining and Operating Cost [M]

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Formula

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Machining and Operating Rate given Total Machining and Operating Cost

Formula

M = \frac{C r}{TPT}

Example

0.166667 = \frac{100}{10.000 min}

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Machining and Operating Rate given Total Machining and Operating Cost Solution

STEP 0: Pre-Calculation Summary

Formula Used

Machining And Operating Rate = Rate of Total Machining And Operating Cost/Total Production Time
M = C_r/TPT
This formula uses 3 Variables

Variables Used

Machining And Operating Rate - Machining And Operating Rate is the money charged for processing on and operating machines per unit time, including overheads.
Rate of Total Machining And Operating Cost - Rate of Total Machining And Operating Cost is the rate of total amount of money required to machine a given batch of product.
Total Production Time - (Measured in Second) - Total Production Time is the net time taken to produce a complete match of products, including overheads.

STEP 1: Convert Input(s) to Base Unit

Rate of Total Machining And Operating Cost: 100 --> No Conversion Required
Total Production Time: 10 Minute --> 600 Second (Check conversion here)

STEP 2: Evaluate Formula

Substituting Input Values in Formula

M = C_r/TPT --> 100/600

Evaluating ... ...

M = 0.166666666666667

STEP 3: Convert Result to Output's Unit

0.166666666666667 --> No Conversion Required

FINAL ANSWER

0.166666666666667 ≈ 0.166667 <-- Machining And Operating Rate

(Calculation completed in 00.004 seconds)

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Created by Kumar Siddhant

Indian Institute of Information Technology, Design and Manufacturing (IIITDM), Jabalpur

Kumar Siddhant has created this Calculator and 400+ more calculators!

Verified by Parul Keshav

National Institute of Technology (NIT), Srinagar

Parul Keshav has verified this Calculator and 400+ more calculators!

< Machining Cost Calculators

Total Machining and Operating Costs using Average Production Cost

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

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

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

Total Machining and Operating Cost

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

Machining and Operating Rate given Total Machining and Operating Cost Formula

Machining And Operating Rate = Rate of Total Machining And Operating Cost/Total Production Time
M = C_r/TPT

Machining Time Estimation Methods

Commonly used Machining Time Estimation Methods are:
1. By estimation
2. By Timing
3. By Comparison
4. By the sum of elementary pre-defined times

How to Calculate Machining and Operating Rate given Total Machining and Operating Cost?

Machining and Operating Rate given Total Machining and Operating Cost calculator uses Machining And Operating Rate = Rate of Total Machining And Operating Cost/Total Production Time to calculate the Machining And Operating Rate, The Machining and Operating Rate given Total Machining and Operating Cost is a method to determine the maximum amount that can be spent on Machining and Operating when the resources to be used are strictly bounded. Machining And Operating Rate is denoted by M symbol.

How to calculate Machining and Operating Rate given Total Machining and Operating Cost using this online calculator? To use this online calculator for Machining and Operating Rate given Total Machining and Operating Cost, enter Rate of Total Machining And Operating Cost (C_r) & Total Production Time (TPT) and hit the calculate button. Here is how the Machining and Operating Rate given Total Machining and Operating Cost calculation can be explained with given input values -> 0.166667 = 100/600.

FAQ

What is Machining and Operating Rate given Total Machining and Operating Cost?

The Machining and Operating Rate given Total Machining and Operating Cost is a method to determine the maximum amount that can be spent on Machining and Operating when the resources to be used are strictly bounded and is represented as M = C_r/TPT or Machining And Operating Rate = Rate of Total Machining And Operating Cost/Total Production Time. Rate of Total Machining And Operating Cost is the rate of total amount of money required to machine a given batch of product & Total Production Time is the net time taken to produce a complete match of products, including overheads.

How to calculate Machining and Operating Rate given Total Machining and Operating Cost?

The Machining and Operating Rate given Total Machining and Operating Cost is a method to determine the maximum amount that can be spent on Machining and Operating when the resources to be used are strictly bounded is calculated using Machining And Operating Rate = Rate of Total Machining And Operating Cost/Total Production Time. To calculate Machining and Operating Rate given Total Machining and Operating Cost, you need Rate of Total Machining And Operating Cost (C_r) & Total Production Time (TPT). With our tool, you need to enter the respective value for Rate of Total Machining And Operating Cost & Total Production Time 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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