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Machining and operating cost of each product refers to the total expenses incurred in the manufacturing process for producing individual metal components or products. Check FAQs
Cm=((((tmintmax)1Te)Te1-Te)+1)tmaxM
Cm - Machining and Operating Cost of Each Product?tmin - Machining Time for Minimum Cost?tmax - Machining Time for Maximum Cost?Te - Taylor's Tool Life Exponent?M - Machining and Operating Rate?

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

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Here is how the Machining Cost per component for Maximum Power when Cutting Speed is limited by Taylor's Exponent equation looks like with Values.

Here is how the Machining Cost per component for Maximum Power when Cutting Speed is limited by Taylor's Exponent equation looks like with Units.

Here is how the Machining Cost per component for Maximum Power when Cutting Speed is limited by Taylor's Exponent equation looks like.

25Edit=((((74.8802Edit30Edit)10.3Edit)0.3Edit1-0.3Edit)+1)30Edit0.083Edit
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Machining Cost per component for Maximum Power when Cutting Speed is limited by Taylor's Exponent Solution

Follow our step by step solution on how to calculate Machining Cost per component for Maximum Power when Cutting Speed is limited by Taylor's Exponent?

FIRST Step Consider the formula
Cm=((((tmintmax)1Te)Te1-Te)+1)tmaxM
Next Step Substitute values of Variables
Cm=((((74.8802s30s)10.3)0.31-0.3)+1)30s0.083
Next Step Prepare to Evaluate
Cm=((((74.880230)10.3)0.31-0.3)+1)300.083
Next Step Evaluate
Cm=24.999996029858
LAST Step Rounding Answer
Cm=25

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

Variables
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: Cm
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Machining Time for Minimum Cost
Machining time for minimum cost refers to the duration required to produce a specific component or part while minimizing the overall cost of the machining process.
Symbol: tmin
Measurement: TimeUnit: s
Note: Value should be greater than 0.
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: tmax
Measurement: TimeUnit: s
Note: Value should be greater than 0.
Taylor's Tool Life Exponent
Taylor's Tool Life Exponent is an experimental exponent that helps in quantifying the rate of Tool Wear.
Symbol: Te
Measurement: NAUnit: Unitless
Note: Value should be less than 1.
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.

Other Formulas to find Machining and Operating Cost of Each Product

​Go Machining Cost per component under Maximum Power Condition
Cm=tmax(M+(QMtc+CT))

Other formulas in Maximum Power cost category

​Go Cost of 1 Tool given Machining Cost for Maximum Power
C=(T(Cmtmax)-MQ)-(Mtc)
​Go Cost of Machine tool given initial weight of workpiece
C=eWf
​Go Cost amortized over years given Total rate for Machining and Operator
y=KmeWf(r-(KoRd))(2N)

How to Evaluate Machining Cost per component for Maximum Power when Cutting Speed is limited by Taylor's Exponent?

Machining Cost per component for Maximum Power when Cutting Speed is limited by Taylor's Exponent evaluator uses Machining and Operating Cost of Each Product = ((((Machining Time for Minimum Cost/Machining Time for Maximum Cost)^(1/Taylor's Tool Life Exponent))*Taylor's Tool Life Exponent/(1-Taylor's Tool Life Exponent))+1)*Machining Time for Maximum Cost*Machining and Operating Rate to evaluate the Machining and Operating Cost of Each Product, Machining Cost per component for Maximum Power when Cutting Speed is limited by Taylor's Exponent refers to the total expense incurred to produce a single machined part. This cost includes all relevant expenses such as material, labor, machine usage, tooling, and overheads. Accurately calculating this cost is essential for pricing, budgeting, and profitability analysis. Machining and Operating Cost of Each Product is denoted by Cm symbol.

How to evaluate Machining Cost per component for Maximum Power when Cutting Speed is limited by Taylor's Exponent using this online evaluator? To use this online evaluator for Machining Cost per component for Maximum Power when Cutting Speed is limited by Taylor's Exponent, enter Machining Time for Minimum Cost (tmin), Machining Time for Maximum Cost (tmax), Taylor's Tool Life Exponent (Te) & Machining and Operating Rate (M) and hit the calculate button.

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

What is the formula to find Machining Cost per component for Maximum Power when Cutting Speed is limited by Taylor's Exponent?
The formula of Machining Cost per component for Maximum Power when Cutting Speed is limited by Taylor's Exponent is expressed as Machining and Operating Cost of Each Product = ((((Machining Time for Minimum Cost/Machining Time for Maximum Cost)^(1/Taylor's Tool Life Exponent))*Taylor's Tool Life Exponent/(1-Taylor's Tool Life Exponent))+1)*Machining Time for Maximum Cost*Machining and Operating Rate. Here is an example- 9.661628 = ((((74.88022/30)^(1/0.3))*0.3/(1-0.3))+1)*30*0.083.
How to calculate Machining Cost per component for Maximum Power when Cutting Speed is limited by Taylor's Exponent?
With Machining Time for Minimum Cost (tmin), Machining Time for Maximum Cost (tmax), Taylor's Tool Life Exponent (Te) & Machining and Operating Rate (M) we can find Machining Cost per component for Maximum Power when Cutting Speed is limited by Taylor's Exponent using the formula - Machining and Operating Cost of Each Product = ((((Machining Time for Minimum Cost/Machining Time for Maximum Cost)^(1/Taylor's Tool Life Exponent))*Taylor's Tool Life Exponent/(1-Taylor's Tool Life Exponent))+1)*Machining Time for Maximum Cost*Machining and Operating Rate.
What are the other ways to Calculate Machining and Operating Cost of Each Product?
Here are the different ways to Calculate Machining and Operating Cost of Each Product-
  • 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+Cost of One Tool)/Tool Life))OpenImg
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