Reference Tool Life given Production Cost per Component Formula

Fx Copy
LaTeX Copy
Reference Tool Life is the tool life of the tool obtained in the reference machining condition. Check FAQs
Lref=(KVref1n)(Mtc+Ct)(V1-nn)Cp-M(NPT+KV)
Lref - Reference Tool Life?K - Constant For Machining Condition?Vref - Reference Cutting Velocity?n - Taylors Tool Life Exponent?M - Machining And Operating Rate?tc - Time to Change One Tool?Ct - Cost of A Tool?V - Cutting Velocity?Cp - Production Cost of Each Component?NPT - Non-Productive Time?

Reference Tool Life given Production Cost per Component Example

With values
With units
Only example

Here is how the Reference Tool Life given Production Cost per Component equation looks like with Values.

Here is how the Reference Tool Life given Production Cost per Component equation looks like with Units.

Here is how the Reference Tool Life given Production Cost per Component equation looks like.

2Edit=(203.0681Edit0.76Edit10.125Edit)(0.0028Edit5Edit+100Edit)(0.28Edit1-0.125Edit0.125Edit)5.6553Edit-0.0028Edit(20Edit+203.0681Edit0.28Edit)
You are here -
HomeIcon Home » Category Engineering » Category Production Engineering » Category Metal Machining » fx Reference Tool Life given Production Cost per Component

Reference Tool Life given Production Cost per Component Solution

Follow our step by step solution on how to calculate Reference Tool Life given Production Cost per Component?

FIRST Step Consider the formula
Lref=(KVref1n)(Mtc+Ct)(V1-nn)Cp-M(NPT+KV)
Next Step Substitute values of Variables
Lref=(203.0681m0.76m/s10.125)(0.00285min+100)(0.28m/s1-0.1250.125)5.6553-0.0028(20min+203.0681m0.28m/s)
Next Step Convert Units
Lref=(203.0681m0.76m/s10.125)(0.0028300s+100)(0.28m/s1-0.1250.125)5.6553-0.0028(1200s+203.0681m0.28m/s)
Next Step Prepare to Evaluate
Lref=(203.06810.7610.125)(0.0028300+100)(0.281-0.1250.125)5.6553-0.0028(1200+203.06810.28)
Next Step Evaluate
Lref=120.000319201788s
Next Step Convert to Output's Unit
Lref=2.0000053200298min
LAST Step Rounding Answer
Lref=2min

Reference Tool Life given Production Cost per Component Formula Elements

Variables
Reference Tool Life
Reference Tool Life is the tool life of the tool obtained in the reference machining condition.
Symbol: Lref
Measurement: TimeUnit: min
Note: Value should be greater than 0.
Constant For Machining Condition
Constant For Machining Condition can be regarded as the distance moved by the tool corner relative to the workpiece during a particular machining condition. It is usually measured in Metre.
Symbol: K
Measurement: LengthUnit: m
Note: Value should be greater than 0.
Reference Cutting Velocity
Reference Cutting Velocity is the cutting velocity of the tool used in the reference machining condition.
Symbol: Vref
Measurement: SpeedUnit: m/s
Note: Value should be greater than 0.
Taylors Tool Life Exponent
Taylors 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 between 0 to 1.
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 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: min
Note: Value should be greater than 0.
Cost of A Tool
The 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.
Cutting Velocity
The Cutting Velocity is the tangential velocity at the periphery of the cutter or workpiece (whichever is rotating).
Symbol: V
Measurement: SpeedUnit: m/s
Note: Value should be greater than 0.
Production Cost of Each Component
Production Cost of Each Component is the total amount that it takes to produce a single component from scratch.
Symbol: Cp
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Non-Productive Time
Non-Productive Time is the total time wasted in setting up the machine or workpiece for a particular process.
Symbol: NPT
Measurement: TimeUnit: min
Note: Value should be greater than 0.

Other formulas in Production Cost per Component category

​Go Production Cost per Component for Constant-Speed-Rough-Machining given Tool Changing Cost
Cp=M(NPT+KV)+(KLrefVref1n)(Cct+Ct)(V1-nn)
​Go Production Cost per Component in Constant-Cutting-Speed, Rough-Machining Operation
Cp=M(NPT+KV)+(KLrefVref1n)(Mtc+Ct)(V1-nn)

How to Evaluate Reference Tool Life given Production Cost per Component?

Reference Tool Life given Production Cost per Component evaluator uses Reference Tool Life = ((Constant For Machining Condition/(Reference Cutting Velocity^(1/Taylors Tool Life Exponent)))*(Machining And Operating Rate*Time to Change One Tool+Cost of A Tool)*(Cutting Velocity^((1-Taylors Tool Life Exponent)/Taylors Tool Life Exponent)))/(Production Cost of Each Component-Machining And Operating Rate*(Non-Productive Time+Constant For Machining Condition/Cutting Velocity)) to evaluate the Reference Tool Life, The Reference Tool Life given Production Cost per Component is a method to determine the optimal Tool Sharpening period required for a known Cutting Velocity in reference machining condition to manufacture a single component. Reference Tool Life is denoted by Lref symbol.

How to evaluate Reference Tool Life given Production Cost per Component using this online evaluator? To use this online evaluator for Reference Tool Life given Production Cost per Component, enter Constant For Machining Condition (K), Reference Cutting Velocity (Vref), Taylors Tool Life Exponent (n), Machining And Operating Rate (M), Time to Change One Tool (tc), Cost of A Tool (Ct), Cutting Velocity (V), Production Cost of Each Component (Cp) & Non-Productive Time (NPT) and hit the calculate button.

FAQs on Reference Tool Life given Production Cost per Component

What is the formula to find Reference Tool Life given Production Cost per Component?
The formula of Reference Tool Life given Production Cost per Component is expressed as Reference Tool Life = ((Constant For Machining Condition/(Reference Cutting Velocity^(1/Taylors Tool Life Exponent)))*(Machining And Operating Rate*Time to Change One Tool+Cost of A Tool)*(Cutting Velocity^((1-Taylors Tool Life Exponent)/Taylors Tool Life Exponent)))/(Production Cost of Each Component-Machining And Operating Rate*(Non-Productive Time+Constant For Machining Condition/Cutting Velocity)). Here is an example- 0.033333 = ((203.0681/(0.76^(1/0.125)))*(0.00283*300+100)*(0.28^((1-0.125)/0.125)))/(5.655323-0.00283*(1200+203.0681/0.28)).
How to calculate Reference Tool Life given Production Cost per Component?
With Constant For Machining Condition (K), Reference Cutting Velocity (Vref), Taylors Tool Life Exponent (n), Machining And Operating Rate (M), Time to Change One Tool (tc), Cost of A Tool (Ct), Cutting Velocity (V), Production Cost of Each Component (Cp) & Non-Productive Time (NPT) we can find Reference Tool Life given Production Cost per Component using the formula - Reference Tool Life = ((Constant For Machining Condition/(Reference Cutting Velocity^(1/Taylors Tool Life Exponent)))*(Machining And Operating Rate*Time to Change One Tool+Cost of A Tool)*(Cutting Velocity^((1-Taylors Tool Life Exponent)/Taylors Tool Life Exponent)))/(Production Cost of Each Component-Machining And Operating Rate*(Non-Productive Time+Constant For Machining Condition/Cutting Velocity)).
Can the Reference Tool Life given Production Cost per Component be negative?
No, the Reference Tool Life given Production Cost per Component, measured in Time cannot be negative.
Which unit is used to measure Reference Tool Life given Production Cost per Component?
Reference Tool Life given Production Cost per Component is usually measured using the Minute[min] for Time. Second[min], Millisecond[min], Microsecond[min] are the few other units in which Reference Tool Life given Production Cost per Component can be measured.
Copied!