The formula to calculate the Scrap Rate is:
\[ \text{SCRAP} = \frac{\text{WS}}{\text{WM}} \times 100 \]
Where:
Scrap rate is a measure of the amount of material that is wasted or rejected during a manufacturing process. It is calculated by dividing the weight or units of scrap by the total weight or units of material used, then multiplying by 100 to get a percentage. Understanding and minimizing scrap rate is important for improving efficiency and reducing costs in production.
Let's assume the following values:
Using the formula:
\[ \text{SCRAP} = \frac{50}{1000} \times 100 = 5\% \]
The Scrap Rate is 5%.
