Cost calculation

This tab contains cost calculations based upon the statistical information retrieved.

The Cost calculation frame consists of three elements:

·       You can select the calculation type in the drop-down box located at the top.

·       The calculation results, and some average figures (if appropriate; see below), are shown in the Calculation frame located below.

·       In the Translation unit and Source text/Translation frames, you can select the units used for the calculation (active if appropriate).

Below is a description of the available calculation types:

·       Total per translation unit:

This is the simplest and most widely used calculation for the complete costs of a translation. It has become the worldwide standard for calculating translation costs.

Formula:

Number of words/characters in source text * rate per word/character in source text

Note: Average figures are not available for this calculation type because no meaningful values can be calculated.

·       Work done (per translation unit):

This is a simple way to measure the costs for the work done, based on the standard way to calculate translations costs (see above).

Formula:

Number of translated words/characters in source text/translation * rate per word/character in source text/translation

·       Work done (weighted, by type):

This is a more sophisticated way to calculate translation costs, increasingly used because in some cases the true translation costs are better reflected by this calculation if a translation memory was used for the translation. In MetaTexis, you can now measure the impact of a TM on the translation costs. Even if this impact cannot be measured perfectly, it is possible to make an approximation.

The formula consists of three elements:

▪  Costs for the words/characters in the source text/translation which were translated manually or on the basis of terminology results;

▪  Costs for the words/characters in the source text/translation which were translated by a translation machine.

▪  Costs for the words/characters in the source text/translation that were translated on the basis of TM matches.

Formula:

Number of manually translated words/characters * price per word in source text/translation

+ Number of machine translated words/characters in source text/translation * revision rate per word/character in source text

+ Number of words/characters in source text/translation translated on the basis of TM matches * revision rate per word/character in source text/translation

·       Work to be done (per translation unit):

This is a simple way to measure the costs for the work done, based on the standard way to calculate translations costs (see above).

Formula:

Number of translated words/characters in source text/translation * rate per word/character in source text

+ Number of words/characters in TUs to be edited * rate per word/character in source text

Note: Average figures are not available for this calculation type because no meaningful values can be calculated.

·       Work to be done (weighted, by type):

This calculation supplements the last option. It informs you (or your client) about the costs of the work to be done.

The formula consists of three elements:

▪  Costs for the number of words to be translated

▪  Costs for the number of words in TUs with TDB results

▪  Costs for the number of words in TUs with TM matches

Formula:

Number of words/characters to be translated * rate per word in source text

+ Number of words/characters in TUs with TDB results to be edited * rate per word in source text

+ Number of words/characters in TUs with TM matches to be edited * revision rate per word/character

Note: Average figures are not available for this calculation type because no meaningful values can be calculated.