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  2. Man-hour - Wikipedia

    en.wikipedia.org/wiki/Man-hour

    A man-hour or human-hour is the amount of work performed by the average worker in one hour. [1] [2] It is used for estimation of the total amount of uninterrupted labor required to perform a task. For example, researching and writing a college paper might require eighty man-hours, while preparing a family banquet from scratch might require ten ...

  3. Glossary of construction cost estimating - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_construction...

    Man-hour rate – the amount of man-hours which are consumed executing one unit of work activity. Man-hour rate = man-hours required for work / completed work quantity. Example: Excavation 0.125 mh/cy. The man-hour rate is related to the inverse of the production rate times the number of workers in the crew performing the work.

  4. Unitary method - Wikipedia

    en.wikipedia.org/wiki/Unitary_method

    Illustration of the walking example. In elementary algebra, the unitary method is a problem-solving technique taught to students as a method for solving word problems involving proportionality and units of measurement. It consists of first finding the value or proportional amount of a single unit, from the information given in the problem, and ...

  5. Full-time equivalent - Wikipedia

    en.wikipedia.org/wiki/Full-time_equivalent

    This allows employers to adopt a single metric for comparison with the full-time average. For example, a full week of 40 hours has an FTE value of 1.0, so a person working 20 hours would have an FTE value of 0.5. Certain industries may adopt 35 hours, depending on the company, its location and the nature of work.

  6. Pre-determined overhead rate - Wikipedia

    en.wikipedia.org/wiki/Pre-determined_overhead_rate

    Common activity bases used in the calculation include direct labor costs, direct labor hours, or machine hours. This is related to an activity rate which is a similar calculation used in activity-based costing. A pre-determined overhead rate is normally the term when using a single, plant-wide base to calculate and apply overhead.

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  9. Overall labor effectiveness - Wikipedia

    en.wikipedia.org/wiki/Overall_Labor_Effectiveness

    Example: Two employees (workforce) are scheduled to work an 8-hour (480 minute) shift with a 30-minute scheduled break. Available Time = 960 min − 60 min break − 120 min Unscheduled Downtime = 780 Min The Standard Rate for the part being produced is 60 Units/Hour or 1 Minute/Unit The Workforce produces 700 Total Units during the shift.