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Relative Cost is the cost of a good or service in relation to the prices of other goods and services. Check FAQs
C2/C1=(P2P1)(Fy1Fy2)23
C2/C1 - Relative Cost?P2 - Material Cost p2?P1 - Material Cost p1?Fy1 - Yield Stress 1?Fy2 - Yield Stress 2?

Relative Cost given Yield Stress Example

With values
With units
Only example

Here is how the Relative Cost given Yield Stress equation looks like with Values.

Here is how the Relative Cost given Yield Stress equation looks like with Units.

Here is how the Relative Cost given Yield Stress equation looks like.

0.8506Edit=(25Edit26Edit)(104Edit125Edit)23
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Relative Cost given Yield Stress Solution

Follow our step by step solution on how to calculate Relative Cost given Yield Stress?

FIRST Step Consider the formula
C2/C1=(P2P1)(Fy1Fy2)23
Next Step Substitute values of Variables
C2/C1=(2526)(104N/m²125N/m²)23
Next Step Convert Units
C2/C1=(2526)(104Pa125Pa)23
Next Step Prepare to Evaluate
C2/C1=(2526)(104125)23
Next Step Evaluate
C2/C1=0.85058074056598
LAST Step Rounding Answer
C2/C1=0.8506

Relative Cost given Yield Stress Formula Elements

Variables
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.
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.
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.

Other Formulas to find Relative Cost

​Go Material Cost Ratio
C2/C1=(A2A1)(P2P1)
​Go Relative Material Cost Ratio
C2/C1=(Fy1Fy2)(P2P1)
​Go Relative Cost for Designing Fabricated Plate Girders
C2/C1=(P2P1)(Fy1Fy2)12

Other formulas in Economical Structural Steel category

​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 p1 given Material Cost Ratio
P1=A2P2C2/C1A1
​Go Material Price p2 given Material Cost Ratio
P2=C2/C1P1A1A2

How to Evaluate Relative Cost given Yield Stress?

Relative Cost given Yield Stress evaluator uses Relative Cost = (Material Cost p2/Material Cost p1)*(Yield Stress 1/Yield Stress 2)^(2/3) to evaluate the Relative Cost, The Relative Cost given Yield Stress formula is defined as the price of a commodity such as a good or service in the ratio of two prices. Relative Cost is denoted by C2/C1 symbol.

How to evaluate Relative Cost given Yield Stress using this online evaluator? To use this online evaluator for Relative Cost given Yield Stress, enter Material Cost p2 (P2), Material Cost p1 (P1), Yield Stress 1 (Fy1) & Yield Stress 2 (Fy2) and hit the calculate button.

FAQs on Relative Cost given Yield Stress

What is the formula to find Relative Cost given Yield Stress?
The formula of Relative Cost given Yield Stress is expressed as Relative Cost = (Material Cost p2/Material Cost p1)*(Yield Stress 1/Yield Stress 2)^(2/3). Here is an example- 0.850581 = (25/26)*(104/125)^(2/3).
How to calculate Relative Cost given Yield Stress?
With Material Cost p2 (P2), Material Cost p1 (P1), Yield Stress 1 (Fy1) & Yield Stress 2 (Fy2) we can find Relative Cost given Yield Stress using the formula - Relative Cost = (Material Cost p2/Material Cost p1)*(Yield Stress 1/Yield Stress 2)^(2/3).
What are the other ways to Calculate Relative Cost?
Here are the different ways to Calculate Relative Cost-
  • Relative Cost=(Cross-Sectional Area of Material 2/Cross-Sectional Area of Material 1)*(Material Cost p2/Material Cost p1)OpenImg
  • Relative Cost=(Yield Stress 1/Yield Stress 2)*(Material Cost p2/Material Cost p1)OpenImg
  • Relative Cost=(Material Cost p2/Material Cost p1)*(Yield Stress 1/Yield Stress 2)^(1/2)OpenImg
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