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Estimated Tool Costs for Re-grindable Tool Formula

GoEstimated Tool Costs for Disposable-Insert 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 = C g + (\frac{C t}{N g})

TC - Tool Cost?C_g - Cost of Grinding?C_t - Cost of A Tool?N_g - Average Number of Regrinds Possible?

Estimated Tool Costs for Re-grindable Tool Example

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Here is how the Estimated Tool Costs for Re-grindable Tool equation looks like with Values.

Here is how the Estimated Tool Costs for Re-grindable Tool equation looks like with Units.

Here is how the Estimated Tool Costs for Re-grindable Tool equation looks like.

200 = 180 + (\frac{80}{4})

200 = 180 + (\frac{80}{4})

200 = 180 + (\frac{80}{4})

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Estimated Tool Costs for Re-grindable Tool Solution

Follow our step by step solution on how to calculate Estimated Tool Costs for Re-grindable Tool?

FIRST Step Consider the formula

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

Next Step Substitute values of Variables

∴

TC = 180 + (\frac{80}{4})

Next Step Prepare to Evaluate

∴

TC = 180 + (\frac{80}{4})

LAST Step Evaluate

∴

TC = 200

Estimated Tool Costs for Re-grindable 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 Grinding

Cost of Grinding is the amount spent on grinding of a given tool.

Symbol: C_g

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Cost of Grinding

Cost of A Tool

The Cost of A Tool is simply the cost of one tool being used for machining.

Symbol: C_t

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Cost of A Tool

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: N_g

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Average Number of Regrinds Possible

Other Formulas to find Tool Cost

Go Estimated Tool Costs for Disposable-Insert Tool

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

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 Re-grindable Tool?

Estimated Tool Costs for Re-grindable Tool evaluator uses Tool Cost = Cost of Grinding+(Cost of A Tool/Average Number of Regrinds Possible) to evaluate the Tool Cost, The Estimated Tool Costs for Re-grindable 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 Re-grindable Tool using this online evaluator? To use this online evaluator for Estimated Tool Costs for Re-grindable Tool, enter Cost of Grinding (C_g), Cost of A Tool (C_t) & Average Number of Regrinds Possible (N_g) and hit the calculate button.

FAQs on Estimated Tool Costs for Re-grindable Tool

What is the formula to find Estimated Tool Costs for Re-grindable Tool?

The formula of Estimated Tool Costs for Re-grindable Tool is expressed as Tool Cost = Cost of Grinding+(Cost of A Tool/Average Number of Regrinds Possible). Here is an example- 200 = 180+(80/4).

How to calculate Estimated Tool Costs for Re-grindable Tool?

With Cost of Grinding (C_g), Cost of A Tool (C_t) & Average Number of Regrinds Possible (N_g) we can find Estimated Tool Costs for Re-grindable Tool using the formula - Tool Cost = Cost of Grinding+(Cost of A Tool/Average Number of Regrinds Possible).

What are the other ways to Calculate Tool Cost?

Here are the different ways to Calculate Tool Cost-

Tool Cost=(Cost of Insert/Average Number of Cutting Edges Used Per Insert)+(Cost of The Holder/Cutting Edges Used During Life of Holder)

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: Unit

Estimated Tool Costs for Re-grindable Tool Formula

​GoEstimated Tool Costs for Disposable-Insert Tool Formula

Estimated Tool Costs for Re-grindable Tool Example

Estimated Tool Costs for Re-grindable Tool Solution

Estimated Tool Costs for Re-grindable Tool Formula Elements

Other Formulas to find Tool Cost

Other formulas in Estimation Cost category

How to Evaluate Estimated Tool Costs for Re-grindable Tool?

FAQs on Estimated Tool Costs for Re-grindable Tool

Variable Name

GoEstimated Tool Costs for Disposable-Insert Tool Formula