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

✖The 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) is defined as the constant for the type of material used in the tool.ⓘ Constant for Tool Type(e) [e]			+10% -10%
✖The 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 are the years for the process of spreading the cost of an intangible asset.ⓘ Amortized Years [n_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]

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Formula

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

Formula

`"K"_{"o"} = ("R"_{"t"}-(("K"_{"m"}*"e"*"W"^"f")/(2*"n"_{"y"}*"n"_{"s"})))/"R"_{"o"}`

Example

`"1.999926"=("28.134"-(("2.1"*"45"*("12.8kg")^"0.27")/(2*"10Year"*"3")))/"12.5"`

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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*n_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 - 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) - The 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.
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 Year --> 10 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*n_y*n_s)))/R_o --> (28.134-((2.1*45*12.8^0.27)/(2*10*3)))/12.5

Evaluating ... ...

K_o = 1.9999259453084

STEP 3: Convert Result to Output's Unit

1.9999259453084 --> No Conversion Required

FINAL ANSWER

1.9999259453084 ≈ 1.999926 <-- Factor to allow for Operator

(Calculation completed in 00.007 seconds)

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Created by Parul Keshav

National Institute of Technology (NIT), Srinagar

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

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< 17 Machining Cost Calculators

Machining and Operating Rate given Machining Cost for Maximum Power

Go Machining and Operating Rate = ((Machining and Operating Cost of Each Product/Machining Time for Maximum Power)-(Time Proportion of Cutting Edge Engagement*Cost of a Tool/Tool Life))/((Time Proportion of Cutting Edge Engagement*Time to Change One Tool/Tool Life)+1)

Machining Rate given Machining Cost for Maximum Power with limited Cutting Speed

Go Machining and Operating Rate = Machining and Operating Cost of Each Product/(((((Machining Time for Minimum Cost/Machining Time for Maximum Power)^(1/Taylor's Tool Life Exponent))*Taylor's Tool Life Exponent/(1-Taylor's Tool Life Exponent))+1)*Machining Time for Maximum Power)

Machining and Operating Rate given Machining Cost

Go Machining and Operating Rate = ((Machining and Operating Cost of Each Product/Machining Time)-(Time Proportion of Cutting Edge Engagement*Cost of a Tool/Tool Life))/((Time Proportion of Cutting Edge Engagement*Time to Change One Tool/Tool Life)+1)

Total Machining and Operating Costs using Average Production Cost

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

Number of shifts given Total rate for Machining and Operator

Go 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 overheads given Total rate for Machining and Operator

Go 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))

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

Go 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

Machining and Operating Cost of Each Product using Average Production Cost

Go Machining and Operating Cost of Each Product = Production Cost of Each Component-(Cost of A Tool*Setup Time+(Number of Tools Used/Batch Size)*((Cost of A Tool*Time to Change One Tool)+Cost of A Tool))

Machining and Operating Cost of Each Product using Total Production Cost

Go Machining and Operating Total Cost of Each Product = Total Production Cost-(Batch Size*Cost of A Tool*Setup Time+Number of Tools Used*((Cost of A Tool*Time to Change One Tool)+Cost of A Tool))

Machining and Operating Rate given Tool Life for Minimum Machining Cost

Go Machining and Operating Rate = Cost of a Tool/((Tool Life*Taylor's Tool Life Exponent/((1-Taylor's Tool Life Exponent)*Time Proportion of Cutting Edge Engagement))-Time to Change One Tool)

Machining and Operating Cost of Each Product using Individual Cost

Go Machining Individual Cost of Each Product = (Total Production Cost-(Total Non Productive Cost+Total Tool Changing Cost+Total Cost of Tools Used))/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)

Total Machining and Operating Costs given Individual Costs

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

Machining and Operating Rate for Minimum Machining Cost

Go Machining and Operating Rate = Machining and Operating Cost of Each Product*(1-Taylor's Tool Life Exponent)/Machining Time for Minimum Cost

Machining and Operating Rate given Total Machining and Operating Cost

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

Total Machining and Operating Cost

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

Total Non-Productive Cost

Go Total Production Cost = Non-Productive Time*Machining and Operating Rate

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

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 (n_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*315569520*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*n_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. 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, The 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 & 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 (n_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.

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