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Machining and Operating Rate given Total Machining and Operating Cost Formula

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Machining And Operating Rate is the money charged for processing on and operating machines per unit time, including overheads. Check FAQs

M = \frac{C r}{TPT}

M - Machining And Operating Rate?C_r - Rate of Total Machining And Operating Cost?TPT - Total Production Time?

Machining and Operating Rate given Total Machining and Operating Cost Example

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Here is how the Machining and Operating Rate given Total Machining and Operating Cost equation looks like with Values.

Here is how the Machining and Operating Rate given Total Machining and Operating Cost equation looks like with Units.

Here is how the Machining and Operating Rate given Total Machining and Operating Cost equation looks like.

0.1667 = \frac{100}{10}

0.1667 = \frac{100}{10min}

0.1667 = \frac{100}{10}

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Machining and Operating Rate given Total Machining and Operating Cost Solution

Follow our step by step solution on how to calculate Machining and Operating Rate given Total Machining and Operating Cost?

FIRST Step Consider the formula

M = \frac{C r}{TPT}

Next Step Substitute values of Variables

∴

M = \frac{100}{10min}

Next Step Convert Units

∴

M = \frac{100}{600s}

Next Step Prepare to Evaluate

∴

M = \frac{100}{600}

Next Step Evaluate

∴

M = 0.166666666666667

LAST Step Rounding Answer

∴

M = 0.1667

Machining and Operating Rate given Total Machining and Operating Cost Formula Elements

Variables

Machining And Operating Rate

Machining And Operating Rate is the money charged for processing on and operating machines per unit time, including overheads.

Symbol: M

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Machining And Operating Rate

Rate of Total Machining And Operating Cost

Rate of Total Machining And Operating Cost is the rate of total amount of money required to machine a given batch of product.

Symbol: C_r

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Rate of Total Machining And Operating Cost

Total Production Time

Total Production Time is the net time taken to produce a complete match of products, including overheads.

Symbol: TPT

Measurement: TimeUnit: min

Note: Value should be greater than 0.

Formulas to find Total Production Time

Other formulas in Machining Cost category

Go Total Machining and Operating Cost

C r = M \cdot TPT

Go Total Machining and Operating Costs given Total Production Cost

C o = TPC - (TTC + TCC + TNPC)

Go Total Machining and Operating Costs using Average Production Cost

C o = (C pr - (C' avg \cdot NPT) - (\frac{N t}{B} \cdot (C' avg \cdot t c + C' avg))) \cdot B

Go Machining and Operating Cost of Each Product using Total Production Cost

C total = TPC - (B \cdot C' avg \cdot t s + N t \cdot ((C' avg \cdot t c) + C' avg))

How to Evaluate Machining and Operating Rate given Total Machining and Operating Cost?

Machining and Operating Rate given Total Machining and Operating Cost evaluator uses Machining And Operating Rate = Rate of Total Machining And Operating Cost/Total Production Time to evaluate the Machining And Operating Rate, The Machining and Operating Rate given Total Machining and Operating Cost is a method to determine the maximum amount that can be spent on Machining and Operating when the resources to be used are strictly bounded. Machining And Operating Rate is denoted by M symbol.

How to evaluate Machining and Operating Rate given Total Machining and Operating Cost using this online evaluator? To use this online evaluator for Machining and Operating Rate given Total Machining and Operating Cost, enter Rate of Total Machining And Operating Cost (C_r) & Total Production Time (TPT) and hit the calculate button.

FAQs on Machining and Operating Rate given Total Machining and Operating Cost

What is the formula to find Machining and Operating Rate given Total Machining and Operating Cost?

The formula of Machining and Operating Rate given Total Machining and Operating Cost is expressed as Machining And Operating Rate = Rate of Total Machining And Operating Cost/Total Production Time. Here is an example- 0.166667 = 100/600.

How to calculate Machining and Operating Rate given Total Machining and Operating Cost?

With Rate of Total Machining And Operating Cost (C_r) & Total Production Time (TPT) we can find Machining and Operating Rate given Total Machining and Operating Cost using the formula - Machining And Operating Rate = Rate of Total Machining And Operating Cost/Total Production Time.

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Machining and Operating Rate given Total Machining and Operating Cost Formula

Machining and Operating Rate given Total Machining and Operating Cost Example

Machining and Operating Rate given Total Machining and Operating Cost Solution

Machining and Operating Rate given Total Machining and Operating Cost Formula Elements

Other formulas in Machining Cost category

How to Evaluate Machining and Operating Rate given Total Machining and Operating Cost?

FAQs on Machining and Operating Rate given Total Machining and Operating Cost

Variable Name