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*ny))
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) 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.
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 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 are the years for the process of spreading the cost of an intangible asset.
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: 2 --> No Conversion Required
Direct Labor Rate: 12.5 --> No Conversion Required
Amortized Years: 10 Year --> 10 Year No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
ns = (Km*e*W^f)/((Rt-(Ko*Ro))*(2*ny)) --> (2.1*45*12.8^0.27)/((28.134-(2*12.5))*(2*10))
Evaluating ... ...
ns = 3.00088610431873
STEP 3: Convert Result to Output's Unit
3.00088610431873 --> No Conversion Required
FINAL ANSWER
3.00088610431873 3.000886 <-- Number of Shifts
(Calculation completed in 00.004 seconds)

Credits

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

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*ny))

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 (ny) 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 -> 3.000886 = (2.1*45*12.8^0.27)/((28.134-(2*12.5))*(2*315569520)) .

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*ny)) 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) 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, The 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 are the years for the process of spreading the cost of an intangible asset.
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 (ny). 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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