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Material Price p1 given Material Cost Ratio Formula

GoMaterial Price p1 using Relative Material Cost Ratio Formula

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Material Cost p1 is the material price per unit weight. It is the cost of materials used to manufacture a product or provide a service. Check FAQs

P 1 = \frac{A 2 \cdot P 2}{C2 /C1 \cdot A 1}

P₁ - Material Cost p1?A₂ - Cross-Sectional Area of Material 2?P₂ - Material Cost p2?C2_/C1 - Relative Cost?A₁ - Cross-Sectional Area of Material 1?

Material Price p1 given Material Cost Ratio Example

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Here is how the Material Price p1 given Material Cost Ratio equation looks like with Values.

Here is how the Material Price p1 given Material Cost Ratio equation looks like with Units.

Here is how the Material Price p1 given Material Cost Ratio equation looks like.

33.2926 = \frac{720000 \cdot 25}{0.9011 \cdot 600000}

33.2926 = \frac{720000mm² \cdot 25}{0.9011 \cdot 600000mm²}

33.2926 = \frac{720000 \cdot 25}{0.9011 \cdot 600000}

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Material Price p1 given Material Cost Ratio Solution

Follow our step by step solution on how to calculate Material Price p1 given Material Cost Ratio?

FIRST Step Consider the formula

P 1 = \frac{A 2 \cdot P 2}{C2 /C1 \cdot A 1}

Next Step Substitute values of Variables

∴

P 1 = \frac{720000mm² \cdot 25}{0.9011 \cdot 600000mm²}

Next Step Convert Units

∴

P 1 = \frac{0.72m² \cdot 25}{0.9011 \cdot 0.6m²}

Next Step Prepare to Evaluate

∴

P 1 = \frac{0.72 \cdot 25}{0.9011 \cdot 0.6}

Next Step Evaluate

∴

P 1 = 33.2926423260459

LAST Step Rounding Answer

∴

P 1 = 33.2926

Material Price p1 given Material Cost Ratio Formula Elements

Variables

Material Cost p1

Material Cost p1 is the material price per unit weight. It is the cost of materials used to manufacture a product or provide a service.

Symbol: P₁

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Material Cost p1

Cross-Sectional Area of Material 2

The Cross-Sectional Area of Material 2 is the area of cross section of a material say steel member.

Symbol: A₂

Measurement: AreaUnit: mm²

Note: Value should be greater than 0.

Formulas to find Cross-Sectional Area of Material 2

Material Cost p2

Material Cost p2 is the material price per unit weight. It is the cost of materials used to manufacture a product or provide a service.

Symbol: P₂

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Material Cost p2

Relative Cost

Relative Cost is the cost of a good or service in relation to the prices of other goods and services.

Symbol: C2_/C1

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Relative Cost

Cross-Sectional Area of Material 1

The Cross-Sectional area of Material 1 is the area of cross section of a material say steel member.

Symbol: A₁

Measurement: AreaUnit: mm²

Note: Value should be greater than 0.

Formulas to find Cross-Sectional Area of Material 1

Other Formulas to find Material Cost p1

Go Material Price p1 using Relative Material Cost Ratio

P 1 = \frac{(\frac{F y1}{F y2}) \cdot P 2}{C2 /C1}

Other formulas in Economical Structural Steel category

Go Material Cost Ratio

C2 /C1 = (\frac{A 2}{A 1}) \cdot (\frac{P 2}{P 1})

Go Cross-Sectional Area1 given Material Cost Ratio

A 1 = \frac{A 2 \cdot P 2}{C2 /C1 \cdot P 1}

Go Cross-Sectional Area2 given Material Cost Ratio

A 2 = \frac{C2 /C1 \cdot A 1 \cdot P 1}{P 2}

Go Material Price p2 given Material Cost Ratio

P 2 = \frac{C2 /C1 \cdot P 1 \cdot A 1}{A 2}

How to Evaluate Material Price p1 given Material Cost Ratio?

Material Price p1 given Material Cost Ratio evaluator uses Material Cost p1 = (Cross-Sectional Area of Material 2*Material Cost p2)/(Relative Cost*Cross-Sectional Area of Material 1) to evaluate the Material Cost p1, The Material Price p1 given Material Cost Ratio formula is defined as the material prices per unit weight. Material Cost p1 is denoted by P₁ symbol.

How to evaluate Material Price p1 given Material Cost Ratio using this online evaluator? To use this online evaluator for Material Price p1 given Material Cost Ratio, enter Cross-Sectional Area of Material 2 (A₂), Material Cost p2 (P₂), Relative Cost (C2_/C1) & Cross-Sectional Area of Material 1 (A₁) and hit the calculate button.

FAQs on Material Price p1 given Material Cost Ratio

What is the formula to find Material Price p1 given Material Cost Ratio?

The formula of Material Price p1 given Material Cost Ratio is expressed as Material Cost p1 = (Cross-Sectional Area of Material 2*Material Cost p2)/(Relative Cost*Cross-Sectional Area of Material 1). Here is an example- 25.99653 = (0.72*25)/(0.9011*0.6).

How to calculate Material Price p1 given Material Cost Ratio?

With Cross-Sectional Area of Material 2 (A₂), Material Cost p2 (P₂), Relative Cost (C2_/C1) & Cross-Sectional Area of Material 1 (A₁) we can find Material Price p1 given Material Cost Ratio using the formula - Material Cost p1 = (Cross-Sectional Area of Material 2*Material Cost p2)/(Relative Cost*Cross-Sectional Area of Material 1).

What are the other ways to Calculate Material Cost p1?

Here are the different ways to Calculate Material Cost p1-

Material Cost p1=((Yield Stress 1/Yield Stress 2)*Material Cost p2)/Relative Cost

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Material Price p1 given Material Cost Ratio Formula

​GoMaterial Price p1 using Relative Material Cost Ratio Formula

Material Price p1 given Material Cost Ratio Example

Material Price p1 given Material Cost Ratio Solution

Material Price p1 given Material Cost Ratio Formula Elements

Other Formulas to find Material Cost p1

Other formulas in Economical Structural Steel category

How to Evaluate Material Price p1 given Material Cost Ratio?

FAQs on Material Price p1 given Material Cost Ratio

Variable Name

GoMaterial Price p1 using Relative Material Cost Ratio Formula