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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
P1=(Fy1Fy2)P2C2/C1
P1 - Material Cost p1?Fy1 - Yield Stress 1?Fy2 - Yield Stress 2?P2 - Material Cost p2?C2/C1 - Relative Cost?

Material Price p1 using Relative Material Cost Ratio Example

With values
With units
Only example

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

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

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

23.0829Edit=(104Edit125Edit)25Edit0.9011Edit
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Material Price p1 using Relative Material Cost Ratio Solution

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

FIRST Step Consider the formula
P1=(Fy1Fy2)P2C2/C1
Next Step Substitute values of Variables
P1=(104N/m²125N/m²)250.9011
Next Step Convert Units
P1=(104Pa125Pa)250.9011
Next Step Prepare to Evaluate
P1=(104125)250.9011
Next Step Evaluate
P1=23.0828986793919
LAST Step Rounding Answer
P1=23.0829

Material Price p1 using Relative 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.
Yield Stress 1
Yield Stress 1 is a crucial material property that marks the transition from elastic behavior to plastic behavior.
Symbol: Fy1
Measurement: PressureUnit: N/m²
Note: Value can be positive or negative.
Yield Stress 2
Yield Stress 2 is a crucial material property that marks the transition from elastic behavior to plastic behavior.
Symbol: Fy2
Measurement: PressureUnit: N/m²
Note: Value can be positive or negative.
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.
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.

Other Formulas to find Material Cost p1

​Go Material Price p1 given Material Cost Ratio
P1=A2P2C2/C1A1

Other formulas in Economical Structural Steel category

​Go Material Cost Ratio
C2/C1=(A2A1)(P2P1)
​Go Cross-Sectional Area1 given Material Cost Ratio
A1=A2P2C2/C1P1
​Go Cross-Sectional Area2 given Material Cost Ratio
A2=C2/C1A1P1P2
​Go Material Price p2 given Material Cost Ratio
P2=C2/C1P1A1A2

How to Evaluate Material Price p1 using Relative Material Cost Ratio?

Material Price p1 using Relative Material Cost Ratio evaluator uses Material Cost p1 = ((Yield Stress 1/Yield Stress 2)*Material Cost p2)/Relative Cost to evaluate the Material Cost p1, The Material Price p1 using Relative Material Cost Ratio formula is defined as the cost of material when members are designed to carry the same load at a stress that is a fixed percentage of the yield point, then cross-sectional areas are inversely proportional to the yield stresses. Material Cost p1 is denoted by P1 symbol.

How to evaluate Material Price p1 using Relative Material Cost Ratio using this online evaluator? To use this online evaluator for Material Price p1 using Relative Material Cost Ratio, enter Yield Stress 1 (Fy1), Yield Stress 2 (Fy2), Material Cost p2 (P2) & Relative Cost (C2/C1) and hit the calculate button.

FAQs on Material Price p1 using Relative Material Cost Ratio

What is the formula to find Material Price p1 using Relative Material Cost Ratio?
The formula of Material Price p1 using Relative Material Cost Ratio is expressed as Material Cost p1 = ((Yield Stress 1/Yield Stress 2)*Material Cost p2)/Relative Cost. Here is an example- 18.02426 = ((104/125)*25)/0.9011.
How to calculate Material Price p1 using Relative Material Cost Ratio?
With Yield Stress 1 (Fy1), Yield Stress 2 (Fy2), Material Cost p2 (P2) & Relative Cost (C2/C1) we can find Material Price p1 using Relative Material Cost Ratio using the formula - Material Cost p1 = ((Yield Stress 1/Yield Stress 2)*Material Cost p2)/Relative Cost.
What are the other ways to Calculate Material Cost p1?
Here are the different ways to Calculate Material Cost p1-
  • Material Cost p1=(Cross-Sectional Area of Material 2*Material Cost p2)/(Relative Cost*Cross-Sectional Area of Material 1)OpenImg
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