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Machining Cost per component under Maximum Power Condition Formula

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

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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

C m = t max \cdot (M + (Q \cdot \frac{M \cdot t c + C}{T}))

C_m - Machining and Operating Cost of Each Product?t_max - Machining Time for Maximum Cost?M - Machining and Operating Rate?Q - Time Proportion?t_c - Time to Change One Tool?C - Cost of One Tool?T - Tool Life?

Machining Cost per component under Maximum Power Condition Example

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Here is how the Machining Cost per component under Maximum Power Condition equation looks like with Values.

Here is how the Machining Cost per component under Maximum Power Condition equation looks like with Units.

Here is how the Machining Cost per component under Maximum Power Condition equation looks like.

25 = 30 \cdot (0.083 + (0.5 \cdot \frac{0.083 \cdot 5 + 100}{66.9136}))

25 = 30s \cdot (0.083 + (0.5 \cdot \frac{0.083 \cdot 5s + 100}{66.9136s}))

25 = 30 \cdot (0.083 + (0.5 \cdot \frac{0.083 \cdot 5 + 100}{66.9136}))

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Machining Cost per component under Maximum Power Condition Solution

Follow our step by step solution on how to calculate Machining Cost per component under Maximum Power Condition?

FIRST Step Consider the formula

C m = t max \cdot (M + (Q \cdot \frac{M \cdot t c + C}{T}))

Next Step Substitute values of Variables

∴

C m = 30s \cdot (0.083 + (0.5 \cdot \frac{0.083 \cdot 5s + 100}{66.9136s}))

Next Step Prepare to Evaluate

∴

C m = 30 \cdot (0.083 + (0.5 \cdot \frac{0.083 \cdot 5 + 100}{66.9136}))

Next Step Evaluate

∴

C m = 24.9999979675283

LAST Step Rounding Answer

∴

C m = 25

Machining Cost per component under Maximum Power Condition 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: C_m

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Machining and Operating Cost of Each Product

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: t_max

Measurement: TimeUnit: s

Note: Value should be greater than 0.

Formulas to find Machining Time for Maximum Cost

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.

Formulas to find Machining and Operating Rate

Time Proportion

Time proportion is the fractional portion of machining time during which the Cutting Edge of the tool is engaged with the workpiece.

Symbol: Q

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Time Proportion

Time to Change One Tool

Time to change one tool refers to the duration required to replace a worn-out or damaged cutting tool with a new one during the machining process.

Symbol: t_c

Measurement: TimeUnit: s

Note: Value should be greater than 0.

Formulas to find Time to Change One Tool

Cost of One Tool

Cost of one tool refers to the monetary value associated with acquiring, using, and maintaining a cutting tool for machining operations.

Symbol: C

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Cost of One Tool

Tool Life

Tool Life is the period of time for which the cutting edge, affected by the cutting procedure, retains its cutting capacity between sharpening operations.

Symbol: T

Measurement: TimeUnit: s

Note: Value should be greater than 0.

Formulas to find Tool Life

Other Formulas to find Machining and Operating Cost of Each Product

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

C m = ((({(\frac{t min}{t max})}^{\frac{1}{T e}}) \cdot \frac{T e}{1 - T e}) + 1) \cdot t max \cdot M

Other formulas in Maximum Power cost category

Go Cost of 1 Tool given Machining Cost for Maximum Power

C = (T \cdot \frac{(\frac{C m}{t max}) - M}{Q}) - (M \cdot t c)

Go Cost of Machine tool given initial weight of workpiece

C = e \cdot W^{f}

How to Evaluate Machining Cost per component under Maximum Power Condition?

Machining Cost per component under Maximum Power Condition evaluator uses 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)) to evaluate the Machining and Operating Cost of Each Product, Machining Cost per component under Maximum Power Condition 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 C_m symbol.

How to evaluate Machining Cost per component under Maximum Power Condition using this online evaluator? To use this online evaluator for Machining Cost per component under Maximum Power Condition, enter Machining Time for Maximum Cost (t_max), Machining and Operating Rate (M), Time Proportion (Q), Time to Change One Tool (t_c), Cost of One Tool (C) & Tool Life (T) and hit the calculate button.

FAQs on Machining Cost per component under Maximum Power Condition

What is the formula to find Machining Cost per component under Maximum Power Condition?

The formula of Machining Cost per component under Maximum Power Condition is expressed as 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)). Here is an example- 70.01999 = 30*(0.083+(0.5*(0.083*5+100)/66.9136)).

How to calculate Machining Cost per component under Maximum Power Condition?

With Machining Time for Maximum Cost (t_max), Machining and Operating Rate (M), Time Proportion (Q), Time to Change One Tool (t_c), Cost of One Tool (C) & Tool Life (T) we can find Machining Cost per component under Maximum Power Condition using the formula - 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)).

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 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

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Machining Cost per component under Maximum Power Condition Formula

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

Machining Cost per component under Maximum Power Condition Example

Machining Cost per component under Maximum Power Condition Solution

Machining Cost per component under Maximum Power Condition Formula Elements

Other Formulas to find Machining and Operating Cost of Each Product

Other formulas in Maximum Power cost category

How to Evaluate Machining Cost per component under Maximum Power Condition?

FAQs on Machining Cost per component under Maximum Power Condition

Variable Name

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