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A number of software products are available for calculating cut and fill. A simple approach involves defining different earthworks features in a computer program and then adjusting elevations manually to calculate the optimal cut and fill. More sophisticated software is able to automatically balance cut and fill while also considering the ...
The SharpeSoft Estimator, displaying an example of a trench calculation. Calculations: Most estimating programs have built-in calculations ranging from simple length, area, and volume calculations to complex industry-specific calculations, such as electrical calculations, utility trench calculations, and earthwork cut and fill calculations.
In the past, these calculations were done by hand using a slide rule and with methods such as Simpson's rule. Earthworks cost is a function of hauled amount x hauled distance. The goal of mass haul planning is to determine these amounts and the goal of mass haul optimization is to minimize either or both. [2]
In civil engineering, a cut or cutting is where soil or rock from a relative rise is removed. Cuts are typically used in road, rail, and canal construction to reduce a route's length and grade. Cut and fill construction uses the spoils from cuts to fill in defiles to create straight routes at steady grades cost-effectively.
Cut and fill mining is an expensive but selective method, with the advantages of low ore loss and dilution. [4] Drift and fill is similar to cut and fill, except that it is used in ore zones, which are wider than the method of drifting will allow to be mined. In this case, the first drift is developed in the ore, and is backfilled using ...
In business economics cost breakdown analysis is a method of cost analysis, which itemizes the cost of a certain product or service into its various components, the so-called cost drivers. The cost breakdown analysis is a popular cost reduction strategy and a viable opportunity for businesses. [1] [2] [3]
The accounting for long term contracts using the percentage of completion method is an exception to the basic realization principle. This method is used wherein the revenues are determined based on the costs incurred so far. The percentage of completion method is used when: Collections are assured; The accounting system can: Estimate profitability
Lean accounting methods have been developed in recent years to provide relevant and thorough accounting, control, and measurement systems without the complex and costly methods of manually driven ABC. Lean accounting is primarily used within lean manufacturing. The approach has proven useful in many service industry areas including healthcare ...