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Cost amortized over years given Total rate for Machining and Operator Formula

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Amortized years refers to the expected lifespan or durability of a machine tool or equipment, factoring in its cost over that lifespan. Check FAQs

y = \frac{K m \cdot e \cdot W^{f}}{(r - (K o \cdot R d)) \cdot (2 \cdot N)}

y - Amortized Years?K_m - Factor to allow for Machining?e - Constant for Tool Type(e)?W - Initial Work Piece Weight?f - Constant for Tool Type(f)?r - Total Rate Machining and Operator?K_o - Factor to allow for Operator?R_d - Direct Labor Rate?N - Number of Shifts?

Cost amortized over years given Total rate for Machining and Operator Example

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Here is how the Cost amortized over years given Total rate for Machining and Operator equation looks like with Values.

Here is how the Cost amortized over years given Total rate for Machining and Operator equation looks like with Units.

Here is how the Cost amortized over years given Total rate for Machining and Operator equation looks like.

10 = \frac{1.8 \cdot 45 \cdot {19.2486}^{0.27}}{(28.134 - (2 \cdot 12.567)) \cdot (2 \cdot 3)}

10Year = \frac{1.8 \cdot 45 \cdot {19.2486kg}^{0.27}}{(28.134 - (2 \cdot 12.567)) \cdot (2 \cdot 3)}

10 = \frac{1.8 \cdot 45 \cdot {19.2486}^{0.27}}{(28.134 - (2 \cdot 12.567)) \cdot (2 \cdot 3)}

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Cost amortized over years given Total rate for Machining and Operator Solution

Follow our step by step solution on how to calculate Cost amortized over years given Total rate for Machining and Operator?

FIRST Step Consider the formula

y = \frac{K m \cdot e \cdot W^{f}}{(r - (K o \cdot R d)) \cdot (2 \cdot N)}

Next Step Substitute values of Variables

∴

y = \frac{1.8 \cdot 45 \cdot {19.2486kg}^{0.27}}{(28.134 - (2 \cdot 12.567)) \cdot (2 \cdot 3)}

Next Step Prepare to Evaluate

∴

y = \frac{1.8 \cdot 45 \cdot {19.2486}^{0.27}}{(28.134 - (2 \cdot 12.567)) \cdot (2 \cdot 3)}

Next Step Evaluate

∴

y = 315569593.304435s

Next Step Convert to Output's Unit

∴

y = 10.0000023229251Year

LAST Step Rounding Answer

∴

y = 10Year

Cost amortized over years given Total rate for Machining and Operator Formula Elements

Variables

Amortized Years

Amortized years refers to the expected lifespan or durability of a machine tool or equipment, factoring in its cost over that lifespan.

Symbol: y

Measurement: TimeUnit: Year

Note: Value should be greater than 0.

Formulas to find Amortized Years

Factor to allow for Machining

Factor to allow for machining refers to a multiplier applied to the dimensions of a workpiece or a component's design to accommodate the material removal and finishing processes during machining.

Symbol: K_m

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Factor to allow for Machining

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.

Symbol: e

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Constant for Tool Type(e)

Initial Work Piece Weight

Initial work piece weight refers to the weight of the raw material or stock material before any machining operations are performed on it.

Symbol: W

Measurement: WeightUnit: kg

Note: Value should be greater than 0.

Formulas to find Initial Work Piece Weight

Constant for Tool Type(f)

Constant for tool type(f) represents a coefficient or numerical value associated with specific characteristics or properties of a particular type of cutting tool.

Symbol: f

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Constant for Tool Type(f)

Total Rate Machining and Operator

Total rate machining and operator refers to the overall efficiency and effectiveness of the machining process.

Symbol: r

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Total Rate Machining and Operator

Factor to allow for Operator

Factor to allow for operator refers to an adjustment or consideration made in machining processes to accommodate the involvement of human operators.

Symbol: K_o

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Factor to allow for Operator

Direct Labor Rate

Direct labor rate refers to the cost incurred by a manufacturing company for the labor directly involved in the machining process.

Symbol: R_d

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Direct Labor Rate

Number of Shifts

Number of shifts refers to the number of work shifts or periods during which metal machining operations are conducted within a given timeframe, usually a day or a week.

Symbol: N

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Number of Shifts

Other formulas in Maximum Power cost category

Go Cost of 1 Tool given Machining Cost for Maximum Power

C = (T \cdot \frac{(\frac{C m}{t max}) - M}{Q}) - (M \cdot t c)

Go Machining Cost per component under Maximum Power Condition

C m = t max \cdot (M + (Q \cdot \frac{M \cdot t c + C}{T}))

How to Evaluate Cost amortized over years given Total rate for Machining and Operator?

Cost amortized over years given Total rate for Machining and Operator evaluator uses Amortized Years = (Factor to allow for Machining*Constant for Tool Type(e)*Initial Work Piece Weight^Constant for Tool Type(f))/((Total Rate Machining and Operator-(Factor to allow for Operator*Direct Labor Rate))*(2*Number of Shifts)) to evaluate the Amortized Years, Cost amortized over years given Total rate for Machining and Operator refers to the process of spreading the expense of a large capital asset over its useful life, allowing a company to recognize a portion of the asset's cost as an expense each year. This approach helps in aligning the expense with the revenue generated by the asset over time, providing a clearer financial picture and aiding in budgeting and financial planning. Amortized Years is denoted by y symbol.

How to evaluate Cost amortized over years given Total rate for Machining and Operator using this online evaluator? To use this online evaluator for Cost amortized over years given Total rate for Machining and Operator, enter Factor to allow for Machining (K_m), Constant for Tool Type(e) (e), Initial Work Piece Weight (W), Constant for Tool Type(f) (f), Total Rate Machining and Operator (r), Factor to allow for Operator (K_o), Direct Labor Rate (R_d) & Number of Shifts (N) and hit the calculate button.

FAQs on Cost amortized over years given Total rate for Machining and Operator

What is the formula to find Cost amortized over years given Total rate for Machining and Operator?

The formula of Cost amortized over years given Total rate for Machining and Operator is expressed as Amortized Years = (Factor to allow for Machining*Constant for Tool Type(e)*Initial Work Piece Weight^Constant for Tool Type(f))/((Total Rate Machining and Operator-(Factor to allow for Operator*Direct Labor Rate))*(2*Number of Shifts)). Here is an example- 3.7E-7 = (1.8*45*19.24857^0.27)/((28.134-(2*12.567))*(2*3)).

How to calculate Cost amortized over years given Total rate for Machining and Operator?

With Factor to allow for Machining (K_m), Constant for Tool Type(e) (e), Initial Work Piece Weight (W), Constant for Tool Type(f) (f), Total Rate Machining and Operator (r), Factor to allow for Operator (K_o), Direct Labor Rate (R_d) & Number of Shifts (N) we can find Cost amortized over years given Total rate for Machining and Operator using the formula - Amortized Years = (Factor to allow for Machining*Constant for Tool Type(e)*Initial Work Piece Weight^Constant for Tool Type(f))/((Total Rate Machining and Operator-(Factor to allow for Operator*Direct Labor Rate))*(2*Number of Shifts)).

Can the Cost amortized over years given Total rate for Machining and Operator be negative?

No, the Cost amortized over years given Total rate for Machining and Operator, measured in Time cannot be negative.

Which unit is used to measure Cost amortized over years given Total rate for Machining and Operator?

Cost amortized over years given Total rate for Machining and Operator is usually measured using the Year[Year] for Time. Second[Year], Millisecond[Year], Microsecond[Year] are the few other units in which Cost amortized over years given Total rate for Machining and Operator can be measured.

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Cost amortized over years given Total rate for Machining and Operator Formula

Cost amortized over years given Total rate for Machining and Operator Example

Cost amortized over years given Total rate for Machining and Operator Solution

Cost amortized over years given Total rate for Machining and Operator Formula Elements

Other formulas in Maximum Power cost category

How to Evaluate Cost amortized over years given Total rate for Machining and Operator?

FAQs on Cost amortized over years given Total rate for Machining and Operator

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