The formula to calculate the Laser Engraving Price (LEP) is:
\[ LEP = LT \times 1.25 \]
Where:
Laser engraving price refers to the cost of engraving an object using a laser. The cost is typically calculated based on the time it takes to complete the engraving process. The formula provided allows for a simple estimation of this cost by multiplying the laser engraving time by a rate of $1.25 per minute.
Let's assume the following value:
Using the formula to calculate the Laser Engraving Price (LEP):
\[ LEP = LT \times 1.25 = 20 \times 1.25 = 25 \text{ dollars} \]
The Laser Engraving Price (LEP) is \$25.00.
