Amortized Batch Setup = (Machine Setup Time *
(Labor Rate + Direct Overhead Rate)) / Batch Size
Amortized batch setup is a function of the following:
Machine setup time (specified as a machine property)
Labor rate: this is the product of the following:
- Machine property Labor Rate
- Cost model variable laborRateAdjustmentFactor (1 in starting point Digital Factories)
- Machine property Work Center Labor Rate Factor (1 in starting point Digital Factories)
Direct overhead rate (see Direct and Indirect Overhead)
Batch size (specified in the Production Info dialog)