• HC is the hourly cost of arbitration ($/hr) • T is the total arbitration time (hrs) ## How to Calculate Arbitration Cost? The following steps outline how to calculate the Arbitration Cost. 1. First, determine the hourly cost of arbitration ($/hr).
2. Next, determine the total arbitration time (hrs).
3. Next, gather the formula from above = AC = HC * T.
4. Finally, calculate the Arbitration Cost.
5. After inserting the variables and calculating the result, check your answer with the calculator above.

Example Problem :

Use the following variables as an example problem to test your knowledge.

hourly cost of arbitration (\$/hr) = 200

total arbitration time (hrs) = 30

AC = HC * T = ?