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Cost of Insert given Tool Costs for Disposable-Insert Tool Formula

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Cost of Insert is the amount spent on inserting a tool in its specified holder. Check FAQs

C i = CE avg \cdot (TC - (\frac{C h}{CE hl}))

C_i - Cost of Insert?CE_avg - Average Number of Cutting Edges Used Per Insert?TC - Tool Cost?C_h - Cost of The Holder?CE_hl - Cutting Edges Used During Life of Holder?

Cost of Insert given Tool Costs for Disposable-Insert Tool Example

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Here is how the Cost of Insert given Tool Costs for Disposable-Insert Tool equation looks like with Values.

Here is how the Cost of Insert given Tool Costs for Disposable-Insert Tool equation looks like with Units.

Here is how the Cost of Insert given Tool Costs for Disposable-Insert Tool equation looks like.

899.9999 = 8.2727 \cdot (200 - (\frac{2000}{21.9277}))

899.9999 = 8.2727 \cdot (200 - (\frac{2000}{21.9277}))

899.9999 = 8.2727 \cdot (200 - (\frac{2000}{21.9277}))

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Cost of Insert given Tool Costs for Disposable-Insert Tool Solution

Follow our step by step solution on how to calculate Cost of Insert given Tool Costs for Disposable-Insert Tool?

FIRST Step Consider the formula

C i = CE avg \cdot (TC - (\frac{C h}{CE hl}))

Next Step Substitute values of Variables

∴

C i = 8.2727 \cdot (200 - (\frac{2000}{21.9277}))

Next Step Prepare to Evaluate

∴

C i = 8.2727 \cdot (200 - (\frac{2000}{21.9277}))

Next Step Evaluate

∴

C i = 899.999941308691

LAST Step Rounding Answer

∴

C i = 899.9999

Cost of Insert given Tool Costs for Disposable-Insert Tool Formula Elements

Variables

Cost of Insert

Cost of Insert is the amount spent on inserting a tool in its specified holder.

Symbol: C_i

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Cost of Insert

Average Number of Cutting Edges Used Per Insert

Average Number of Cutting Edges Used Per Insert is the supposed count of cutting edges that engaged during insertion into the holder.

Symbol: CE_avg

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Average Number of Cutting Edges Used Per Insert

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.

Formulas to find Tool Cost

Cost of The Holder

Cost of The Holder is the amount required to get a new holder for a tool.

Symbol: C_h

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Cost of The Holder

Cutting Edges Used During Life of Holder

Cutting Edges used during Life of Holder is the total number of Cutting Edges engaged with the holder until it wears off beyond use.

Symbol: CE_hl

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Cutting Edges Used During Life of Holder

Other formulas in Estimation Cost category

Go Operator's Overhead Percentage given Machining and Operating Rate

% opt = ((M - (M t \cdot \frac{100 + % mach}{100})) \cdot \frac{100}{W o}) - 100

Go Machine Overhead Percentage given Machining and Operating Rate

% mach = ((M - (W o \cdot \frac{100 + % opt}{100})) \cdot \frac{100}{M t}) - 100

Go Operator's Wage Rate given Machining and Operating Rate

W o = (M - (M t \cdot \frac{100 + % mach}{100})) \cdot \frac{100}{100 + % opt}

Go Machining and Operating Rate

M = (W o \cdot \frac{100 + % opt}{100}) + (M t \cdot \frac{100 + % mach}{100})

How to Evaluate Cost of Insert given Tool Costs for Disposable-Insert Tool?

Cost of Insert given Tool Costs for Disposable-Insert Tool evaluator uses Cost of Insert = Average Number of Cutting Edges Used Per Insert*(Tool Cost-(Cost of The Holder/Cutting Edges Used During Life of Holder)) to evaluate the Cost of Insert, The Cost of Insert given Tool Costs for Disposable-Insert Tool is a method of determining the maximum amount to be spent on insertion of the tool in its holder when there is a bound on the total available cost of tools. Cost of Insert is denoted by C_i symbol.

How to evaluate Cost of Insert given Tool Costs for Disposable-Insert Tool using this online evaluator? To use this online evaluator for Cost of Insert given Tool Costs for Disposable-Insert Tool, enter Average Number of Cutting Edges Used Per Insert (CE_avg), Tool Cost (TC), Cost of The Holder (C_h) & Cutting Edges Used During Life of Holder (CE_hl) and hit the calculate button.

FAQs on Cost of Insert given Tool Costs for Disposable-Insert Tool

What is the formula to find Cost of Insert given Tool Costs for Disposable-Insert Tool?

The formula of Cost of Insert given Tool Costs for Disposable-Insert Tool is expressed as Cost of Insert = Average Number of Cutting Edges Used Per Insert*(Tool Cost-(Cost of The Holder/Cutting Edges Used During Life of Holder)). Here is an example- 899.9999 = 8.272727*(200-(2000/21.92771)).

How to calculate Cost of Insert given Tool Costs for Disposable-Insert Tool?

With Average Number of Cutting Edges Used Per Insert (CE_avg), Tool Cost (TC), Cost of The Holder (C_h) & Cutting Edges Used During Life of Holder (CE_hl) we can find Cost of Insert given Tool Costs for Disposable-Insert Tool using the formula - Cost of Insert = Average Number of Cutting Edges Used Per Insert*(Tool Cost-(Cost of The Holder/Cutting Edges Used During Life of Holder)).

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Cost of Insert given Tool Costs for Disposable-Insert Tool Formula

Cost of Insert given Tool Costs for Disposable-Insert Tool Example

Cost of Insert given Tool Costs for Disposable-Insert Tool Solution

Cost of Insert given Tool Costs for Disposable-Insert Tool Formula Elements

Other formulas in Estimation Cost category

How to Evaluate Cost of Insert given Tool Costs for Disposable-Insert Tool?

FAQs on Cost of Insert given Tool Costs for Disposable-Insert Tool

Variable Name