Average Number of Regrinds Possible, given Estimated Tool Costs Formula

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Average Number of Regrinds Possible is the number of times a tool is supposed to be grindable to give a sharp edge. Check FAQs
Ng=CtTC-Cg
Ng - Average Number of Regrinds Possible?Ct - Cost of A Tool?TC - Tool Cost?Cg - Cost of Grinding?

Average Number of Regrinds Possible, given Estimated Tool Costs Example

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With units
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Here is how the Average Number of Regrinds Possible, given Estimated Tool Costs equation looks like with Values.

Here is how the Average Number of Regrinds Possible, given Estimated Tool Costs equation looks like with Units.

Here is how the Average Number of Regrinds Possible, given Estimated Tool Costs equation looks like.

4Edit=80Edit200Edit-180Edit
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Average Number of Regrinds Possible, given Estimated Tool Costs Solution

Follow our step by step solution on how to calculate Average Number of Regrinds Possible, given Estimated Tool Costs?

FIRST Step Consider the formula
Ng=CtTC-Cg
Next Step Substitute values of Variables
Ng=80200-180
Next Step Prepare to Evaluate
Ng=80200-180
LAST Step Evaluate
Ng=4

Average Number of Regrinds Possible, given Estimated Tool Costs Formula Elements

Variables
Average Number of Regrinds Possible
Average Number of Regrinds Possible is the number of times a tool is supposed to be grindable to give a sharp edge.
Symbol: Ng
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Cost of A Tool
The Cost of A Tool is simply the cost of one tool being used for machining.
Symbol: Ct
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Tool Cost
Tool Cost is the amount of money spend on the purchase, maintenance and changing of tools.
Symbol: TC
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Cost of Grinding
Cost of Grinding is the amount spent on grinding of a given tool.
Symbol: Cg
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.

Other formulas in Estimation Cost category

​Go Operator's Overhead Percentage given Machining and Operating Rate
%opt=((M-(Mt100+%mach100))100Wo)-100
​Go Machine Overhead Percentage given Machining and Operating Rate
%mach=((M-(Wo100+%opt100))100Mt)-100
​Go Operator's Wage Rate given Machining and Operating Rate
Wo=(M-(Mt100+%mach100))100100+%opt
​Go Machining and Operating Rate
M=(Wo100+%opt100)+(Mt100+%mach100)

How to Evaluate Average Number of Regrinds Possible, given Estimated Tool Costs?

Average Number of Regrinds Possible, given Estimated Tool Costs evaluator uses Average Number of Regrinds Possible = Cost of A Tool/(Tool Cost-Cost of Grinding) to evaluate the Average Number of Regrinds Possible, The Average Number of Regrinds Possible, given Estimated Tool Costs is an estimate of the number of times a tool can be resharpened when the total Tools Cost is limited. Average Number of Regrinds Possible is denoted by Ng symbol.

How to evaluate Average Number of Regrinds Possible, given Estimated Tool Costs using this online evaluator? To use this online evaluator for Average Number of Regrinds Possible, given Estimated Tool Costs, enter Cost of A Tool (Ct), Tool Cost (TC) & Cost of Grinding (Cg) and hit the calculate button.

FAQs on Average Number of Regrinds Possible, given Estimated Tool Costs

What is the formula to find Average Number of Regrinds Possible, given Estimated Tool Costs?
The formula of Average Number of Regrinds Possible, given Estimated Tool Costs is expressed as Average Number of Regrinds Possible = Cost of A Tool/(Tool Cost-Cost of Grinding). Here is an example- 4 = 80/(200-180).
How to calculate Average Number of Regrinds Possible, given Estimated Tool Costs?
With Cost of A Tool (Ct), Tool Cost (TC) & Cost of Grinding (Cg) we can find Average Number of Regrinds Possible, given Estimated Tool Costs using the formula - Average Number of Regrinds Possible = Cost of A Tool/(Tool Cost-Cost of Grinding).
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