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Estimated Tool Costs for Disposable-Insert Tool Formula

GoEstimated Tool Costs for Re-grindable Tool Formula

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Tool Cost is the amount of money spend on the purchase, maintenance and changing of tools. Check FAQs

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

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

Estimated Tool Costs for Disposable-Insert Tool Example

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

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

Here is how the Estimated Tool Costs for Disposable-Insert Tool equation looks like.

200 = (\frac{900}{8.2727}) + (\frac{2000}{21.9277})

200 = (\frac{900}{8.2727}) + (\frac{2000}{21.9277})

200 = (\frac{900}{8.2727}) + (\frac{2000}{21.9277})

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Estimated Tool Costs for Disposable-Insert Tool Solution

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

FIRST Step Consider the formula

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

Next Step Substitute values of Variables

∴

TC = (\frac{900}{8.2727}) + (\frac{2000}{21.9277})

Next Step Prepare to Evaluate

∴

TC = (\frac{900}{8.2727}) + (\frac{2000}{21.9277})

Next Step Evaluate

∴

TC = 200.000007094554

LAST Step Rounding Answer

∴

TC = 200

Estimated Tool Costs for Disposable-Insert Tool Formula Elements

Variables

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 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

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 to find Tool Cost

Go Estimated Tool Costs for Re-grindable Tool

TC = C g + (\frac{C t}{N g})

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 Estimated Tool Costs for Disposable-Insert Tool?

Estimated Tool Costs for Disposable-Insert Tool evaluator uses Tool Cost = (Cost of Insert/Average Number of Cutting Edges Used Per Insert)+(Cost of The Holder/Cutting Edges Used During Life of Holder) to evaluate the Tool Cost, The Estimated Tool Costs for Disposable-Insert Tool is the estimated cost required to provide a sharp tool for machining operation. Tool Cost is denoted by TC symbol.

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

FAQs on Estimated Tool Costs for Disposable-Insert Tool

What is the formula to find Estimated Tool Costs for Disposable-Insert Tool?

The formula of Estimated Tool Costs for Disposable-Insert Tool is expressed as Tool Cost = (Cost of Insert/Average Number of Cutting Edges Used Per Insert)+(Cost of The Holder/Cutting Edges Used During Life of Holder). Here is an example- 200 = (900/8.272727)+(2000/21.92771).

How to calculate Estimated Tool Costs for Disposable-Insert Tool?

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

What are the other ways to Calculate Tool Cost?

Here are the different ways to Calculate Tool Cost-

Tool Cost=Cost of Grinding+(Cost of A Tool/Average Number of Regrinds Possible)

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: Unit

Estimated Tool Costs for Disposable-Insert Tool Formula

​GoEstimated Tool Costs for Re-grindable Tool Formula

Estimated Tool Costs for Disposable-Insert Tool Example

Estimated Tool Costs for Disposable-Insert Tool Solution

Estimated Tool Costs for Disposable-Insert Tool Formula Elements

Other Formulas to find Tool Cost

Other formulas in Estimation Cost category

How to Evaluate Estimated Tool Costs for Disposable-Insert Tool?

FAQs on Estimated Tool Costs for Disposable-Insert Tool

Variable Name

GoEstimated Tool Costs for Re-grindable Tool Formula