The formula to calculate the Total Material Required (TM) is:
\[ TM = MN \cdot \left(1 + \frac{WF}{100}\right) \]
Where:
A waste factor is a percentage that accounts for potential material waste during construction or manufacturing processes. It is used to estimate the total amount of material that needs to be purchased to ensure that there is enough material to complete a project, even if some is wasted. The waste factor can vary depending on the type of material, the complexity of the project, and the experience level of the workers.
Let's assume the following values:
Using the formula to calculate the Total Material Required (TM):
\[ TM = 100 \cdot \left(1 + \frac{10}{100}\right) = 110 \]
The Total Material Required (TM) is 110 units.
