machine-hour

machine-hour

[mə′shēn ¦au̇r]
(industrial engineering)
A unit representing the operation of one machine for 1 hour; used in the determination of costs and economics.
References in periodicals archive ?
In contrast, in the machine-hour system the pad-pressing machine costs are combined with all other indirect costs in the single overhead cost pool and then divided among all machine hours, including sewing, cutting, and seam-sealing machines, so that much of the pad-pressing machine cost ends up absorbed by the tents, backpacks, and sleeping bags that dominate the cutting, sewing, and seam-sealing activities.
With respect to "Other Indirect Manufacturing Costs," Newell decided to allocate them on a machine-hour basis since machine hours did drive these costs.
It represents a "middle way" between the small number of cost pools characteristic of traditional labor-based or machine-hour allocation systems, and the overwhelming number of measurements and individual cost pools needed to calculate and charge truly accurate costs to each product.
Assuming a machine-hour basis for applying overhead, the production variance is equal to the excess machine hours used for overproduction multiplied by the standard variable overhead rate.
Thanks to readers of the Plastics Technology blog and Twitter postings, we present the first update in a year of results from our exclusive Custom Injection Molders' Machine-Hour Rate Survey.
Our index of custom molders' machine-hour rates showed no change in the half-year period, after a 1.
And the custom molding machine-hour rate index rose only 0.
Our custom machine-hour rates index rose (see chart) for the third six-month period in a row.
CUSTOM INJECTION MOLDERS' MACHINE-HOUR RATES WITH OPERATOR AND PROFIT MARGIN INCLUDED (a) (76 PLANTS) DOLLARS PER HOUR (HIGH/AVERAGE/LOW) 4TH QUARTER 2010 TONNAGE RANGE <50 50-99 100-299 300-499 500-749 NORTHEAST $48.
Custom injection molders' machine-hour rates in the first half of 2010 showed their strongest performance since the same period in 2008.