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Machining Time per component for Minimum Machining Cost Formula

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Machining Time for Minimum Cost is the time for processing when the workpiece is machined to obtain the minimum cost of Machining. Check FAQs

t min = C m \cdot \frac{1 - n}{R}

t_min - Machining Time for Minimum Cost?C_m - Machining and Operating Cost of Each Product?n - Taylor's Tool Life Exponent?R - Machining and Operating Rate?

Machining Time per component for Minimum Machining Cost Example

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Here is how the Machining Time per component for Minimum Machining Cost equation looks like with Values.

Here is how the Machining Time per component for Minimum Machining Cost equation looks like with Units.

Here is how the Machining Time per component for Minimum Machining Cost equation looks like.

581.3125 = 4650.5 \cdot \frac{1 - 0.125}{7}

581.3125s = 4650.5 \cdot \frac{1 - 0.125}{7}

581.3125 = 4650.5 \cdot \frac{1 - 0.125}{7}

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Machining Time per component for Minimum Machining Cost Solution

Follow our step by step solution on how to calculate Machining Time per component for Minimum Machining Cost?

FIRST Step Consider the formula

t min = C m \cdot \frac{1 - n}{R}

Next Step Substitute values of Variables

∴

t min = 4650.5 \cdot \frac{1 - 0.125}{7}

Next Step Prepare to Evaluate

∴

t min = 4650.5 \cdot \frac{1 - 0.125}{7}

LAST Step Evaluate

∴

t min = 581.3125s

Machining Time per component for Minimum Machining Cost Formula Elements

Variables

Machining Time for Minimum Cost

Machining Time for Minimum Cost is the time for processing when the workpiece is machined to obtain the minimum cost of Machining.

Symbol: t_min

Measurement: TimeUnit: s

Note: Value should be greater than 0.

Formulas to find Machining Time for Minimum Cost

Machining and Operating Cost of Each Product

Machining and Operating Cost of Each Product is the total amount of money required to machine a single product.

Symbol: C_m

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Machining and Operating Cost of Each Product

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

Machining and Operating Rate

Machining and Operating Rate is the money charged for processing on and operating machines per unit time, including overheads.

Symbol: R

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Machining and Operating Rate

Other formulas in Minimum Machining Cost category

Go Minimum Production Cost per Component

C p = R \cdot (t s + (K \cdot \frac{{(\frac{T}{L})}^{n}}{V \cdot (1 - n)}))

Go Machining and Operating Rate given Minimum Production Cost

R = \frac{C p}{t s + (K \cdot \frac{{(\frac{T}{L})}^{n}}{V \cdot (1 - n)})}

Go Non-Productive Time per component given Minimum Production Cost

t s = \frac{C p}{R} - (K \cdot \frac{{(\frac{T}{L})}^{n}}{V \cdot (1 - n)})

Go Constant for Machining Operation given Minimum Production Cost

K = (\frac{C p}{R} - t s) \cdot V \cdot \frac{1 - n}{{(\frac{T}{L})}^{n}}

How to Evaluate Machining Time per component for Minimum Machining Cost?

Machining Time per component for Minimum Machining Cost evaluator uses Machining Time for Minimum Cost = Machining and Operating Cost of Each Product*(1-Taylor's Tool Life Exponent)/Machining and Operating Rate to evaluate the Machining Time for Minimum Cost, The Machining Time per component for Minimum Machining Cost is a method to determine the maximum time that can be given to a single component on one or more machines for production, based on the minimum cost of machining of a single component. Machining Time for Minimum Cost is denoted by t_min symbol.

How to evaluate Machining Time per component for Minimum Machining Cost using this online evaluator? To use this online evaluator for Machining Time per component for Minimum Machining Cost, enter Machining and Operating Cost of Each Product (C_m), Taylor's Tool Life Exponent (n) & Machining and Operating Rate (R) and hit the calculate button.

FAQs on Machining Time per component for Minimum Machining Cost

What is the formula to find Machining Time per component for Minimum Machining Cost?

The formula of Machining Time per component for Minimum Machining Cost is expressed as Machining Time for Minimum Cost = Machining and Operating Cost of Each Product*(1-Taylor's Tool Life Exponent)/Machining and Operating Rate. Here is an example- 581.3125 = 4650.5*(1-0.125)/7.

How to calculate Machining Time per component for Minimum Machining Cost?

With Machining and Operating Cost of Each Product (C_m), Taylor's Tool Life Exponent (n) & Machining and Operating Rate (R) we can find Machining Time per component for Minimum Machining Cost using the formula - Machining Time for Minimum Cost = Machining and Operating Cost of Each Product*(1-Taylor's Tool Life Exponent)/Machining and Operating Rate.

Can the Machining Time per component for Minimum Machining Cost be negative?

No, the Machining Time per component for Minimum Machining Cost, measured in Time cannot be negative.

Which unit is used to measure Machining Time per component for Minimum Machining Cost?

Machining Time per component for Minimum Machining Cost is usually measured using the Second[s] for Time. Millisecond[s], Microsecond[s], Nanosecond[s] are the few other units in which Machining Time per component for Minimum Machining Cost can be measured.

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Machining Time per component for Minimum Machining Cost Formula

Machining Time per component for Minimum Machining Cost Example

Machining Time per component for Minimum Machining Cost Solution

Machining Time per component for Minimum Machining Cost Formula Elements

Other formulas in Minimum Machining Cost category

How to Evaluate Machining Time per component for Minimum Machining Cost?

FAQs on Machining Time per component for Minimum Machining Cost

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