Enterprise glossary and term center
Research and understand all the intricate terms and definitions that surround the ecosystem of enterprise resource planning (ERP), enterprise software and no-code tools.
- Enterprise terms
- Machine Hour Rate
- What is mean by machine hour rate?
Machine Hour Rate - What is mean by machine hour rate?
(1)MEANING: - Machine hour rate (MHR) is the cost of running a machine for one hour. Under this method machines hours are. used as the basis for production overhead absorption rate.