The formula to calculate the Cost Per Load (CPLO) is:
\[ \text{CPLO} = \frac{\text{TC}}{\text{L}} \]
Where:
Cost per load typically refers to the cost it takes to do one load of laundry. This term can be applied to other types of loads, but laundry is the most common. It includes all expenses associated with washing a single load, such as water, electricity, detergent, and maintenance costs.
Let's assume the following values:
Using the formula to calculate the Cost Per Load:
\[ \text{CPLO} = \frac{50}{25} = 2 \text{ dollars per load} \]
The Cost Per Load is $2 per load.
