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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.
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 ...
The wage unit is a unit of measurement for monetary quantities introduced by Keynes in his 1936 book The General Theory of Employment, Interest and Money (General Theory). [1] A value expressed in wage units is equal to its price in money units divided by the wage (in money units) of a man-hour of labour.
Statistical units are also called equivalent units. ... Unit price is also a valuation method for buyers who purchase in bulk. Buyer seeks to purchase 10000 widgets ...
For about one hour late Friday, day-ahead prices on ERCOT's website jumped as high as $688 per MWh. Texas power prices briefly soar 1,600% as a spring heat wave is expected to drive record demand ...
A morgen ("morning" in Dutch and German) was approximately the amount of land tillable by one man behind an ox in the morning hours of a day. This was an official unit of measurement in South Africa until the 1970s, and was defined in November 2007 by the South African Law Society as having a conversion factor of 1 morgen = 0.856 532 hectares. [28]
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