Number of shifts given Total rate for Machining and Operator Solution

STEP 0: Pre-Calculation Summary
Formula Used
Number of Shifts = (Factor to Allow For Machining*Constant For Tool Type (e)*Initial Work Piece Weight^Constant For Tool Type (f))/((Total Rate of Machining And Operator-(Factor to Allow For Operator*Direct Labor Rate))*2*Amortized Years)
Ns = (Km*e*W^f)/((Rt-(Ko*Ro))*2*y)
This formula uses 9 Variables
Variables Used
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 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.
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.
STEP 1: Convert Input(s) to Base Unit
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
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
STEP 2: Evaluate Formula
Substituting Input Values in Formula
Ns = (Km*e*W^f)/((Rt-(Ko*Ro))*2*y) --> (2.1*45*12.8^0.27)/((28.134-(1.999926*12.5))*2*10.006643836)
Evaluating ... ...
Ns = 2.9980088263245
STEP 3: Convert Result to Output's Unit
2.9980088263245 --> No Conversion Required
FINAL ANSWER
2.9980088263245 2.998009 <-- Number of Shifts
(Calculation completed in 00.004 seconds)

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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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Total Machining and Operating Costs given Total Production Cost
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Total Machining and Operating Cost
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Number of shifts given Total rate for Machining and Operator Formula

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

What does yearly amortization mean?

Amortization can refer to the process of paying off debt over time in regular installments of interest and principal sufficient to repay the loan in full by its maturity date. The amount of principal due in a given month is the total monthly payment (a flat amount) minus the interest payment for that month.

How to Calculate Number of shifts given Total rate for Machining and Operator?

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

How to calculate Number of shifts given Total rate for Machining and Operator using this online calculator? To use this online calculator for Number of shifts given Total rate for Machining and Operator, enter Factor to Allow For Machining (Km), Constant For Tool Type (e) (e), Initial Work Piece Weight (W), Constant For Tool Type (f) (f), Total Rate of Machining And Operator (Rt), Factor to Allow For Operator (Ko), Direct Labor Rate (Ro) & Amortized Years (y) and hit the calculate button. Here is how the Number of shifts given Total rate for Machining and Operator calculation can be explained with given input values -> 3.000001 = (2.1*45*12.8^0.27)/((28.134-(1.999926*12.5))*2*315779179.213748).

FAQ

What is Number of shifts given Total rate for Machining and Operator?
The Number of shifts given Total rate for Machining and Operator is defined as the number of shifts of the labor for a given machining operation and is represented as Ns = (Km*e*W^f)/((Rt-(Ko*Ro))*2*y) or Number of Shifts = (Factor to Allow For Machining*Constant For Tool Type (e)*Initial Work Piece Weight^Constant For Tool Type (f))/((Total Rate of Machining And Operator-(Factor to Allow For Operator*Direct Labor Rate))*2*Amortized Years). 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, 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.
How to calculate Number of shifts given Total rate for Machining and Operator?
The Number of shifts given Total rate for Machining and Operator is defined as the number of shifts of the labor for a given machining operation is calculated using Number of Shifts = (Factor to Allow For Machining*Constant For Tool Type (e)*Initial Work Piece Weight^Constant For Tool Type (f))/((Total Rate of Machining And Operator-(Factor to Allow For Operator*Direct Labor Rate))*2*Amortized Years). To calculate Number of shifts given Total rate for Machining and Operator, you need Factor to Allow For Machining (Km), Constant For Tool Type (e) (e), Initial Work Piece Weight (W), Constant For Tool Type (f) (f), Total Rate of Machining And Operator (Rt), Factor to Allow For Operator (Ko), Direct Labor Rate (Ro) & Amortized Years (y). With our tool, you need to enter the respective value for Factor to Allow For Machining, Constant For Tool Type (e), Initial Work Piece Weight, Constant For Tool Type (f), Total Rate of Machining And Operator, Factor to Allow For Operator, Direct Labor Rate & Amortized Years 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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