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Direct labour Rate given Total rate for Machining and Operator Formula

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Direct Labor Rate is calculated by dividing that dollar amount by the total hours of the labor. Check FAQs

R o = \frac{R t - (\frac{K m \cdot e \cdot W^{f}}{2 \cdot n y \cdot n s})}{K o}

R_o - Direct Labor Rate?R_t - Total Rate of Machining and Operator?K_m - Factor to Allow For Machining?e - Constant For Tool Type(e)?W - Initial Work Piece Weight?f - Constant For Tool Type(f)?n_y - Amortized Years?n_s - Number of Shifts?K_o - Factor to Allow For Operator?

Direct labour Rate given Total rate for Machining and Operator Example

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Here is how the Direct labour Rate given Total rate for Machining and Operator equation looks like with Values.

Here is how the Direct labour Rate given Total rate for Machining and Operator equation looks like with Units.

Here is how the Direct labour Rate given Total rate for Machining and Operator equation looks like.

12.5286 = \frac{28.1366 - (\frac{2.1 \cdot 45 \cdot {12.8}^{0.27}}{2 \cdot 10.18 \cdot 3})}{2}

12.5286 = \frac{28.1366 - (\frac{2.1 \cdot 45 \cdot {12.8kg}^{0.27}}{2 \cdot 10.18Year \cdot 3})}{2}

12.5286 = \frac{28.1366 - (\frac{2.1 \cdot 45 \cdot {12.8}^{0.27}}{2 \cdot 10.18 \cdot 3})}{2}

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Direct labour Rate given Total rate for Machining and Operator Solution

Follow our step by step solution on how to calculate Direct labour Rate given Total rate for Machining and Operator?

FIRST Step Consider the formula

R o = \frac{R t - (\frac{K m \cdot e \cdot W^{f}}{2 \cdot n y \cdot n s})}{K o}

Next Step Substitute values of Variables

∴

R o = \frac{28.1366 - (\frac{2.1 \cdot 45 \cdot {12.8kg}^{0.27}}{2 \cdot 10.18Year \cdot 3})}{2}

Next Step Prepare to Evaluate

∴

R o = \frac{28.1366 - (\frac{2.1 \cdot 45 \cdot {12.8}^{0.27}}{2 \cdot 10.18 \cdot 3})}{2}

Next Step Evaluate

∴

R o = 12.5285579359669

LAST Step Rounding Answer

∴

R o = 12.5286

Direct labour Rate given Total rate for Machining and Operator Formula Elements

Variables

Direct Labor Rate

Direct Labor Rate is calculated by dividing that dollar amount by the total hours of the labor.

Symbol: R_o

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Direct Labor Rate

Total Rate of Machining and Operator

The Total Rate of Machining and Operator is the total speed of the machining and operator process.

Symbol: R_t

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Total Rate of Machining and Operator

Factor to Allow For Machining

Factor to Allow For Machining is defined as the constant factor for the machining process.

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) is defined as the constant for the type of material used in the 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 is defined as the weight of the work piece before undergoing machining operation.

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) is defined as the constant for the type of material used in the tool.

Symbol: f

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Constant For Tool Type(f)

Amortized Years

Amortized Years are the years for the process of spreading the cost of an intangible asset.

Symbol: n_y

Measurement: TimeUnit: Year

Note: Value should be greater than 0.

Formulas to find Amortized Years

Number of Shifts

The Number of Shifts is defined as the number of shifts of the labour for a given machining operation.

Symbol: n_s

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Number of Shifts

Factor to Allow For Operator

Factor to Allow For Operator is defined as the constant factor for the operator process.

Symbol: K_o

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Factor to Allow For Operator

Other formulas in Initial Weight of Workpiece category

Go Surface area of Workpiece given Surface Generation rate

A m = (t s \cdot R sg)

Go Length of Workpiece given Machining time for maximum power

L = \frac{t p \cdot P m}{p s \cdot π \cdot d w \cdot d cut}

How to Evaluate Direct labour Rate given Total rate for Machining and Operator?

Direct labour Rate given Total rate for Machining and Operator evaluator uses Direct Labor Rate = (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)))/Factor to Allow For Operator to evaluate the Direct Labor Rate, Direct labour Rate given Total rate for Machining and Operator refers to the cost of labor directly involved in the machining process. This includes the wages or salaries paid to the machinists operating the machinery and performing the machining tasks. Direct Labor Rate is denoted by R_o symbol.

How to evaluate Direct labour Rate given Total rate for Machining and Operator using this online evaluator? To use this online evaluator for Direct labour Rate 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) & Factor to Allow For Operator (K_o) and hit the calculate button.

FAQs on Direct labour Rate given Total rate for Machining and Operator

What is the formula to find Direct labour Rate given Total rate for Machining and Operator?

The formula of Direct labour Rate given Total rate for Machining and Operator is expressed as Direct Labor Rate = (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)))/Factor to Allow For Operator. Here is an example- 12.5 = (28.13661-((2.1*45*12.79999^0.27)/(2*321249771.36*3)))/2.

How to calculate Direct labour Rate given Total rate for Machining and Operator?

With 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) & Factor to Allow For Operator (K_o) we can find Direct labour Rate given Total rate for Machining and Operator using the formula - Direct Labor Rate = (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)))/Factor to Allow For Operator.

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Direct labour Rate given Total rate for Machining and Operator Formula

Direct labour Rate given Total rate for Machining and Operator Example

Direct labour Rate given Total rate for Machining and Operator Solution

Direct labour Rate given Total rate for Machining and Operator Formula Elements

Other formulas in Initial Weight of Workpiece category

How to Evaluate Direct labour Rate given Total rate for Machining and Operator?

FAQs on Direct labour Rate given Total rate for Machining and Operator

Variable Name