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Cost of 1 Tool given Machining Cost for Maximum Power Formula

GoCost of Machine tool given initial weight of workpiece Formula

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Cost of one tool refers to the monetary value associated with acquiring, using, and maintaining a cutting tool for machining operations. Check FAQs

C = (T \cdot \frac{(\frac{C m}{t max}) - M}{Q}) - (M \cdot t c)

C - Cost of One Tool?T - Tool Life?C_m - Machining and Operating Cost of Each Product?t_max - Machining Time for Maximum Cost?M - Machining and Operating Rate?Q - Time Proportion?t_c - Time to Change One Tool?

Cost of 1 Tool given Machining Cost for Maximum Power Example

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Here is how the Cost of 1 Tool given Machining Cost for Maximum Power equation looks like with Values.

Here is how the Cost of 1 Tool given Machining Cost for Maximum Power equation looks like with Units.

Here is how the Cost of 1 Tool given Machining Cost for Maximum Power equation looks like.

100 = (66.9136 \cdot \frac{(\frac{25}{30}) - 0.083}{0.5}) - (0.083 \cdot 5)

100 = (66.9136s \cdot \frac{(\frac{25}{30s}) - 0.083}{0.5}) - (0.083 \cdot 5s)

100 = (66.9136 \cdot \frac{(\frac{25}{30}) - 0.083}{0.5}) - (0.083 \cdot 5)

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Cost of 1 Tool given Machining Cost for Maximum Power Solution

Follow our step by step solution on how to calculate Cost of 1 Tool given Machining Cost for Maximum Power?

FIRST Step Consider the formula

C = (T \cdot \frac{(\frac{C m}{t max}) - M}{Q}) - (M \cdot t c)

Next Step Substitute values of Variables

∴

C = (66.9136s \cdot \frac{(\frac{25}{30s}) - 0.083}{0.5}) - (0.083 \cdot 5s)

Next Step Prepare to Evaluate

∴

C = (66.9136 \cdot \frac{(\frac{25}{30}) - 0.083}{0.5}) - (0.083 \cdot 5)

Next Step Evaluate

∴

C = 100.000009066667

LAST Step Rounding Answer

∴

C = 100

Cost of 1 Tool given Machining Cost for Maximum Power Formula Elements

Variables

Cost of One Tool

Cost of one tool refers to the monetary value associated with acquiring, using, and maintaining a cutting tool for machining operations.

Symbol: C

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Cost of One Tool

Tool Life

Tool Life is the period of time for which the cutting edge, affected by the cutting procedure, retains its cutting capacity between sharpening operations.

Symbol: T

Measurement: TimeUnit: s

Note: Value should be greater than 0.

Formulas to find Tool Life

Machining and Operating Cost of Each Product

Machining and operating cost of each product refers to the total expenses incurred in the manufacturing process for producing individual metal components or products.

Symbol: C_m

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Machining and Operating Cost of Each Product

Machining Time for Maximum Cost

Machining time for maximum cost refers to the duration it takes to complete a specific machining operation or process on a workpiece.

Symbol: t_max

Measurement: TimeUnit: s

Note: Value should be greater than 0.

Formulas to find Machining Time for Maximum Cost

Machining and Operating Rate

Machining and operating rate refers to the speed or efficiency at which machining operations are conducted and machinery is utilized within a manufacturing facility.

Symbol: M

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Machining and Operating Rate

Time Proportion

Time proportion is the fractional portion of machining time during which the Cutting Edge of the tool is engaged with the workpiece.

Symbol: Q

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Time Proportion

Time to Change One Tool

Time to change one tool refers to the duration required to replace a worn-out or damaged cutting tool with a new one during the machining process.

Symbol: t_c

Measurement: TimeUnit: s

Note: Value should be greater than 0.

Formulas to find Time to Change One Tool

Other Formulas to find Cost of One Tool

Go Cost of Machine tool given initial weight of workpiece

C = e \cdot W^{f}

Other formulas in Maximum Power cost category

Go Machining Cost per component under Maximum Power Condition

C m = t max \cdot (M + (Q \cdot \frac{M \cdot t c + C}{T}))

Go Machining Cost per component for Maximum Power when Cutting Speed is limited by Taylor's Exponent

C m = ((({(\frac{t min}{t max})}^{\frac{1}{T e}}) \cdot \frac{T e}{1 - T e}) + 1) \cdot t max \cdot M

How to Evaluate Cost of 1 Tool given Machining Cost for Maximum Power?

Cost of 1 Tool given Machining Cost for Maximum Power evaluator uses Cost of One Tool = (Tool Life*((Machining and Operating Cost of Each Product/Machining Time for Maximum Cost)-Machining and Operating Rate)/Time Proportion)-(Machining and Operating Rate*Time to Change One Tool) to evaluate the Cost of One Tool, Cost of 1 Tool given Machining Cost for Maximum Power refers to the total expense incurred to acquire, maintain, and eventually replace a single machining tool. This cost is crucial in determining the overall operational costs and setting appropriate pricing for machining services. Cost of One Tool is denoted by C symbol.

How to evaluate Cost of 1 Tool given Machining Cost for Maximum Power using this online evaluator? To use this online evaluator for Cost of 1 Tool given Machining Cost for Maximum Power, enter Tool Life (T), Machining and Operating Cost of Each Product (C_m), Machining Time for Maximum Cost (t_max), Machining and Operating Rate (M), Time Proportion (Q) & Time to Change One Tool (t_c) and hit the calculate button.

FAQs on Cost of 1 Tool given Machining Cost for Maximum Power

What is the formula to find Cost of 1 Tool given Machining Cost for Maximum Power?

The formula of Cost of 1 Tool given Machining Cost for Maximum Power is expressed as Cost of One Tool = (Tool Life*((Machining and Operating Cost of Each Product/Machining Time for Maximum Cost)-Machining and Operating Rate)/Time Proportion)-(Machining and Operating Rate*Time to Change One Tool). Here is an example- 33.05667 = (66.9136*((25/30)-0.083)/0.5)-(0.083*5).

How to calculate Cost of 1 Tool given Machining Cost for Maximum Power?

With Tool Life (T), Machining and Operating Cost of Each Product (C_m), Machining Time for Maximum Cost (t_max), Machining and Operating Rate (M), Time Proportion (Q) & Time to Change One Tool (t_c) we can find Cost of 1 Tool given Machining Cost for Maximum Power using the formula - Cost of One Tool = (Tool Life*((Machining and Operating Cost of Each Product/Machining Time for Maximum Cost)-Machining and Operating Rate)/Time Proportion)-(Machining and Operating Rate*Time to Change One Tool).

What are the other ways to Calculate Cost of One Tool?

Here are the different ways to Calculate Cost of One Tool-

Cost of One Tool=Constant for Tool Type(e)*Initial Work Piece Weight^Constant for Tool Type(f)

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Cost of 1 Tool given Machining Cost for Maximum Power Formula

​GoCost of Machine tool given initial weight of workpiece Formula

Cost of 1 Tool given Machining Cost for Maximum Power Example

Cost of 1 Tool given Machining Cost for Maximum Power Solution

Cost of 1 Tool given Machining Cost for Maximum Power Formula Elements

Other Formulas to find Cost of One Tool

Other formulas in Maximum Power cost category

How to Evaluate Cost of 1 Tool given Machining Cost for Maximum Power?

FAQs on Cost of 1 Tool given Machining Cost for Maximum Power

Variable Name

GoCost of Machine tool given initial weight of workpiece Formula