Rework formula in SE

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Aug 6th, 2022
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How to rework formula in SE

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in this presentation we will work a problem related to the question of whether we should describe or rework weamp;#39;re gonna have the information up top weamp;#39;ll make a table down below to complete that information if you would like to use a pre-formatted table we will provide that as well weamp;#39;re gonna have the information in this format we do recommend putting the information in this format with this problem or any other type of problem up in the top with the text and then the numbers in a separate cells so that we can refer to them with cell references so weamp;#39;re gonna have up top in our table weamp;#39;re gonna have the options of the scrapping option or the fixing option and Iamp;#39;m gonna Center those the problem is going to have the problem problem units produced 1,000 175 that we have a problem with we can have the salvage value to scrap them which is $33 per unit that if we just got rid of them now so we can get rid of them or cost per unit to fix them

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Rework Rate And How To Calculate Rework Rate The rework rate is an outcome measure to identify operational jobs requiring initial quality improvements. Rework rate (%) = (rework hours productive labor hours) 100%. (Total quantity of reworked (repaired) products Total quantity produced) 100%.
Rework rate refers to the percentage of time spent on rework processes. It is calculated by dividing the number of hours spent on rework by the number of hours spent on productive activities or by dividing the total number of reworked (repaired) goods by the total number of products manufactured.
Lets illustrate rework cost with an example. Consider a project with a $10,000 fee. Of that $10,000, $9,000 may be planned to cover costs (salaries, contingency), resulting in $1,000 profit. Should this project incur just 5% rework, the cost increases to $9,450 ($9,000*1.05), and the profitability is reduced to $550.
Rework rate (%) = (rework hours productive labor hours) 100% or (total quantity of reworked (repaired) products total production quantity) 100%.
Total cost (TC) in the simplest terms is all the costs incurred in producing something or engaging in an activity. In economics, total cost is made up of variable costs + fixed costs. Variable costs (VC) are costs that change based on how many goods you buy or how much of a service you use.
One way to estimate the cost of rework is to use a simple formula that multiplies the rework percentage by the total project cost. The rework percentage is the ratio of the rework hours to the total project hours. For example, if your project has 1000 hours of work and 100 hours of rework, the rework percentage is 10%.
Rework effort= total number of defects /defect fixing effort(DFE) 2. Defect Fixing Effort(DFE)= no of defects fixed per hour*no of working hours per day *no of persons working 3. Rework Cost=rework effort*cost of one employee*no of employee.

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