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Metal Machining
Wage Rate in Estimation for Optimal Conditions Formulas
Wage Rate is defined as the worker’s/operator’s rate of pay. And is denoted by W
o
.
Formulas to find Wage Rate in Estimation for Optimal Conditions
f
x
Operator's Wage Rate given Machining and Operating Rate
Go
Estimation for Optimal Conditions formulas that make use of Wage Rate
f
x
Operator's Overhead Percentage given Machining and Operating Rate
Go
f
x
Machine Overhead Percentage given Machining and Operating Rate
Go
f
x
Machining and Operating Rate
Go
f
x
Depreciation Rate of Machine Tool given Machining and Operating Rate
Go
List of variables in Estimation for Optimal Conditions formulas
f
x
Machining and Operating Rate
Go
f
x
Depreciation Rate
Go
f
x
Machine Overhead Percentage
Go
f
x
Operator's Overhead Percentage
Go
FAQ
What is the Wage Rate?
Wage Rate is defined as the worker’s/operator’s rate of pay.
Can the Wage Rate be negative?
{YesorNo}, the Wage Rate, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.
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