Machining Time per component given Machining Cost Formula

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Machining Time is the time when a machine is actually processing something. Generally, machining time is the term used when there is a removal of unwanted material. Check FAQs
tm=CmM+(QMtc+CtT)
tm - Machining Time?Cm - Machining And Operating Cost of Each Product?M - Machining And Operating Rate?Q - Time Proportion of Cutting Edge Engagement?tc - Time to Change One Tool?Ct - Cost of A Tool?T - Tool Life?

Machining Time per component given Machining Cost Example

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With units
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Here is how the Machining Time per component given Machining Cost equation looks like with Values.

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

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

30Edit=4650.5Edit101Edit+(0.5Edit101Edit75Edit+478575Edit4500Edit)
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Machining Time per component given Machining Cost Solution

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

FIRST Step Consider the formula
tm=CmM+(QMtc+CtT)
Next Step Substitute values of Variables
tm=4650.5101+(0.510175s+4785754500s)
Next Step Prepare to Evaluate
tm=4650.5101+(0.510175+4785754500)
LAST Step Evaluate
tm=30s

Machining Time per component given Machining Cost Formula Elements

Variables
Machining Time
Machining Time is the time when a machine is actually processing something. Generally, machining time is the term used when there is a removal of unwanted material.
Symbol: tm
Measurement: TimeUnit: s
Note: Value should be greater than 0.
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: Cm
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Machining And Operating Rate
Machining And Operating Rate is the money charged for processing on and operating machines per unit time, including overheads.
Symbol: M
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Time Proportion of Cutting Edge Engagement
Time Proportion of Cutting Edge Engagement 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.
Time to Change One Tool
Time to Change One Tool is the measure of time it takes to change one tool during machining.
Symbol: tc
Measurement: TimeUnit: s
Note: Value should be greater than 0.
Cost of A Tool
Cost of A Tool is simply the cost of one tool being used for machining.
Symbol: Ct
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
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.

Other formulas in Tool Cost category

​Go Tool Changing Cost per Tool given Machining Cost
Cct=(T(Cmtm)-MQ)-Ct
​Go Time Proportion of Cutting Edge Engagement given Machining Cost
Q=T(Cmtm)-MMtc+Ct

How to Evaluate Machining Time per component given Machining Cost?

Machining Time per component given Machining Cost evaluator uses Machining Time = Machining And Operating Cost of Each Product/(Machining And Operating Rate+(Time Proportion of Cutting Edge Engagement*(Machining And Operating Rate*Time to Change One Tool+Cost of A Tool)/Tool Life)) to evaluate the Machining Time, The Machining Time per component given 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 cost of machining of a single component. Machining Time is denoted by tm symbol.

How to evaluate Machining Time per component given Machining Cost using this online evaluator? To use this online evaluator for Machining Time per component given Machining Cost, enter Machining And Operating Cost of Each Product (Cm), Machining And Operating Rate (M), Time Proportion of Cutting Edge Engagement (Q), Time to Change One Tool (tc), Cost of A Tool (Ct) & Tool Life (T) and hit the calculate button.

FAQs on Machining Time per component given Machining Cost

What is the formula to find Machining Time per component given Machining Cost?
The formula of Machining Time per component given Machining Cost is expressed as Machining Time = Machining And Operating Cost of Each Product/(Machining And Operating Rate+(Time Proportion of Cutting Edge Engagement*(Machining And Operating Rate*Time to Change One Tool+Cost of A Tool)/Tool Life)). Here is an example- 30 = 4650.5/(101+(0.5*(101*75+478575)/4500)).
How to calculate Machining Time per component given Machining Cost?
With Machining And Operating Cost of Each Product (Cm), Machining And Operating Rate (M), Time Proportion of Cutting Edge Engagement (Q), Time to Change One Tool (tc), Cost of A Tool (Ct) & Tool Life (T) we can find Machining Time per component given Machining Cost using the formula - Machining Time = Machining And Operating Cost of Each Product/(Machining And Operating Rate+(Time Proportion of Cutting Edge Engagement*(Machining And Operating Rate*Time to Change One Tool+Cost of A Tool)/Tool Life)).
Can the Machining Time per component given Machining Cost be negative?
No, the Machining Time per component given Machining Cost, measured in Time cannot be negative.
Which unit is used to measure Machining Time per component given Machining Cost?
Machining Time per component given 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 given Machining Cost can be measured.
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