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Looked at simply, there are two methods to calculate the utilization rate. The first method calculates the number of billable hours divided by the number of hours recorded in a particular time period. For example, if 40 hours of time is recorded in a week but only 30 hours of that was billable, the utilization rate would then be 30 / 40 = 75%.
An AA size dry cell has a capacity of about 2,000 to 3,000 milliampere-hours. An average smartphone battery usually has between 2,500 and 4,000 milliampere-hours of electric capacity. Automotive car batteries vary in capacity but a large automobile propelled by an internal combustion engine would have about a 50-ampere-hour battery capacity.
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.
In the 7-day fortnight plan or 2-3-2 plan, employees work their allotted hours within 7 days rather than 10 in a fortnight, i.e. fourteen days and nights. Therefore, 41 hours per week equate to 82 hours per fortnight, which is worked in seven days, at 11–12 hours per shift.
Learning new things is important if we want to live a long and fulfilling life. Acquiring new skills and performing activities such as puzzles and other brain games strengthens our neurological ...
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.
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