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Metal Machining
Amortized Years in Production Cost Formulas
Amortized years refers to the expected lifespan or durability of a machine tool or equipment, factoring in its cost over that lifespan. And is denoted by y. Amortized Years is usually measured using the Year for Time. Note that the value of Amortized Years is always positive.
Formulas to find Amortized Years in Production Cost
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x
Cost amortized over years given Total rate for Machining and Operator
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List of variables in Production Cost formulas
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x
Factor to allow for Machining
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f
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Constant for Tool Type(e)
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f
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Initial Work Piece Weight
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f
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Constant for Tool Type(f)
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f
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Total Rate Machining and Operator
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f
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Factor to allow for Operator
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f
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Direct Labor Rate
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f
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Number of Shifts
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FAQ
What is the Amortized Years?
Amortized years refers to the expected lifespan or durability of a machine tool or equipment, factoring in its cost over that lifespan. Amortized Years is usually measured using the Year for Time. Note that the value of Amortized Years is always positive.
Can the Amortized Years be negative?
No, the Amortized Years, measured in Time cannot be negative.
What unit is used to measure Amortized Years?
Amortized Years is usually measured using the Year[Year] for Time. Second[Year], Millisecond[Year], Microsecond[Year] are the few other units in which Amortized Years can be measured.
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