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Machining and Operating Rate if cost of changing tool is also considered Formula

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Machining Rate For Cost Changing Tool is the money charged for processing on and operating machines per unit time, including overheads for minimum production cost. Check FAQs

M ct = (\frac{C t + C ct}{t c}) \cdot (\frac{1 - n}{2 \cdot n - 1})

M_ct - Machining Rate For Cost Changing Tool?C_t - Cost of A Tool?C_ct - Cost of Changing Each Tool?t_c - Time to Change One Tool?n - Taylor's Tool Life Exponent?

Machining and Operating Rate if cost of changing tool is also considered Example

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Here is how the Machining and Operating Rate if cost of changing tool is also considered equation looks like with Values.

Here is how the Machining and Operating Rate if cost of changing tool is also considered equation looks like with Units.

Here is how the Machining and Operating Rate if cost of changing tool is also considered equation looks like.

6.0206 = (\frac{48 + 9.8}{0.9}) \cdot (\frac{1 - 0.5408}{2 \cdot 0.5408 - 1})

6.0206 = (\frac{48 + 9.8}{0.9min}) \cdot (\frac{1 - 0.5408}{2 \cdot 0.5408 - 1})

6.0206 = (\frac{48 + 9.8}{0.9}) \cdot (\frac{1 - 0.5408}{2 \cdot 0.5408 - 1})

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Machining and Operating Rate if cost of changing tool is also considered Solution

Follow our step by step solution on how to calculate Machining and Operating Rate if cost of changing tool is also considered?

FIRST Step Consider the formula

M ct = (\frac{C t + C ct}{t c}) \cdot (\frac{1 - n}{2 \cdot n - 1})

Next Step Substitute values of Variables

∴

M ct = (\frac{48 + 9.8}{0.9min}) \cdot (\frac{1 - 0.5408}{2 \cdot 0.5408 - 1})

Next Step Convert Units

∴

M ct = (\frac{48 + 9.8}{54s}) \cdot (\frac{1 - 0.5408}{2 \cdot 0.5408 - 1})

Next Step Prepare to Evaluate

∴

M ct = (\frac{48 + 9.8}{54}) \cdot (\frac{1 - 0.5408}{2 \cdot 0.5408 - 1})

Next Step Evaluate

∴

M ct = 6.02056454759429

LAST Step Rounding Answer

∴

M ct = 6.0206

Machining and Operating Rate if cost of changing tool is also considered Formula Elements

Variables

Machining Rate For Cost Changing Tool

Machining Rate For Cost Changing Tool is the money charged for processing on and operating machines per unit time, including overheads for minimum production cost.

Symbol: M_ct

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Machining Rate For Cost Changing Tool

Cost of A Tool

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

Cost of Changing Each Tool

Cost of Changing Each Tool is the cost that arises due to the time taken by the operator to change one tool when one is paid by the hour.

Symbol: C_ct

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Cost of Changing Each Tool

Time to Change One Tool

Time to Change One Tool is the measure of time it takes to change one tool during machining.

Symbol: t_c

Measurement: TimeUnit: min

Note: Value should be greater than 0.

Formulas to find Time to Change One Tool

Taylor's Tool Life Exponent

Taylor's Tool Life Exponent is an experimental exponent that helps in quantifying the rate of Tool Wear.

Symbol: n

Measurement: NAUnit: Unitless

Note: Value should be less than 1.

Formulas to find Taylor's Tool Life Exponent

Other formulas in Minimum Production Cost category

Go Cutting Velocity for Minimum Production Cost

V = V ref \cdot {(\frac{n \cdot C t \cdot L ref}{(1 - n) \cdot (C t \cdot t c + C t)})}^{n}

Go Reference Cutting Velocity given Cutting Velocity

V ref = \frac{V}{{(\frac{n \cdot C t \cdot L ref}{(1 - n) \cdot (C t \cdot t c + C t)})}^{n}}

Go Reference Tool Life given Cutting Velocity

L ref = {(\frac{V}{V ref})}^{\frac{1}{n}} \cdot (1 - n) \cdot \frac{C t \cdot t c + C t}{n \cdot C t}

Go Machining and Operating Rate using Minimum Production Cost

M = (\frac{C t}{(L ref \cdot (\frac{n h}{n h - 1}) \cdot {(\frac{V ref}{V})}^{\frac{1}{n h}}) - t c})

How to Evaluate Machining and Operating Rate if cost of changing tool is also considered?

Machining and Operating Rate if cost of changing tool is also considered evaluator uses Machining Rate For Cost Changing Tool = ((Cost of A Tool+Cost of Changing Each Tool)/Time to Change One Tool)*((1-Taylor's Tool Life Exponent)/(2*Taylor's Tool Life Exponent-1)) to evaluate the Machining Rate For Cost Changing Tool, The Machining and Operating Rate if cost of changing tool is also considered is a method to determine the maximum expense rate that can be afforded on machines and operators such that the Total Production Cost is Minimum in reference to the Tool Life. Machining Rate For Cost Changing Tool is denoted by M_ct symbol.

How to evaluate Machining and Operating Rate if cost of changing tool is also considered using this online evaluator? To use this online evaluator for Machining and Operating Rate if cost of changing tool is also considered, enter Cost of A Tool (C_t), Cost of Changing Each Tool (C_ct), Time to Change One Tool (t_c) & Taylor's Tool Life Exponent (n) and hit the calculate button.

FAQs on Machining and Operating Rate if cost of changing tool is also considered

What is the formula to find Machining and Operating Rate if cost of changing tool is also considered?

The formula of Machining and Operating Rate if cost of changing tool is also considered is expressed as Machining Rate For Cost Changing Tool = ((Cost of A Tool+Cost of Changing Each Tool)/Time to Change One Tool)*((1-Taylor's Tool Life Exponent)/(2*Taylor's Tool Life Exponent-1)). Here is an example- 6.020565 = ((48+9.8)/54)*((1-0.540818)/(2*0.540818-1)).

How to calculate Machining and Operating Rate if cost of changing tool is also considered?

With Cost of A Tool (C_t), Cost of Changing Each Tool (C_ct), Time to Change One Tool (t_c) & Taylor's Tool Life Exponent (n) we can find Machining and Operating Rate if cost of changing tool is also considered using the formula - Machining Rate For Cost Changing Tool = ((Cost of A Tool+Cost of Changing Each Tool)/Time to Change One Tool)*((1-Taylor's Tool Life Exponent)/(2*Taylor's Tool Life Exponent-1)).

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Machining and Operating Rate if cost of changing tool is also considered Formula

Machining and Operating Rate if cost of changing tool is also considered Example

Machining and Operating Rate if cost of changing tool is also considered Solution

Machining and Operating Rate if cost of changing tool is also considered Formula Elements

Other formulas in Minimum Production Cost category

How to Evaluate Machining and Operating Rate if cost of changing tool is also considered?

FAQs on Machining and Operating Rate if cost of changing tool is also considered

Variable Name