Tool Changing Time for each Tool given Production Cost per Component Formula

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Time to Change One Tool is the measure of time it takes to change one tool during machining. Check FAQs
tc=(Cp-M(NPT+KV)(KLrefVref1n)(V1-nn))-CtM
tc - Time to Change One Tool?Cp - Production Cost of Each Component?M - Machining And Operating Rate?NPT - Non-Productive Time?K - Constant For Machining Condition?V - Cutting Velocity?Lref - Reference Tool Life?Vref - Reference Cutting Velocity?n - Taylors Tool Life Exponent?Ct - Cost of A Tool?

Tool Changing Time for each Tool given Production Cost per Component Example

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Here is how the Tool Changing Time for each Tool given Production Cost per Component equation looks like with Values.

Here is how the Tool Changing Time for each Tool given Production Cost per Component equation looks like with Units.

Here is how the Tool Changing Time for each Tool given Production Cost per Component equation looks like.

4.9984Edit=(5.6553Edit-0.0028Edit(20Edit+203.0681Edit0.28Edit)(203.0681Edit2Edit0.76Edit10.125Edit)(0.28Edit1-0.125Edit0.125Edit))-100Edit0.0028Edit
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Tool Changing Time for each Tool given Production Cost per Component Solution

Follow our step by step solution on how to calculate Tool Changing Time for each Tool given Production Cost per Component?

FIRST Step Consider the formula
tc=(Cp-M(NPT+KV)(KLrefVref1n)(V1-nn))-CtM
Next Step Substitute values of Variables
tc=(5.6553-0.0028(20min+203.0681m0.28m/s)(203.0681m2min0.76m/s10.125)(0.28m/s1-0.1250.125))-1000.0028
Next Step Convert Units
tc=(5.6553-0.0028(1200s+203.0681m0.28m/s)(203.0681m120s0.76m/s10.125)(0.28m/s1-0.1250.125))-1000.0028
Next Step Prepare to Evaluate
tc=(5.6553-0.0028(1200+203.06810.28)(203.06811200.7610.125)(0.281-0.1250.125))-1000.0028
Next Step Evaluate
tc=299.905208788255s
Next Step Convert to Output's Unit
tc=4.99842014647091min
LAST Step Rounding Answer
tc=4.9984min

Tool Changing Time for each Tool given Production Cost per Component Formula Elements

Variables
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.
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.
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.
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.
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.
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.
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.
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.
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.

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 Tool Changing Time for each Tool given Production Cost per Component?

Tool Changing Time for each Tool given Production Cost per Component evaluator uses Time to Change One Tool = (((Production Cost of Each Component-Machining And Operating Rate*(Non-Productive Time+Constant For Machining Condition/Cutting Velocity))/((Constant For Machining Condition/(Reference Tool Life*Reference Cutting Velocity^(1/Taylors Tool Life Exponent)))*(Cutting Velocity^((1-Taylors Tool Life Exponent)/Taylors Tool Life Exponent))))-Cost of A Tool)/Machining And Operating Rate to evaluate the Time to Change One Tool, The Tool Changing Time for each Tool given Production Cost per Component is a method to determine the maximum time that can be spared on each tool to be spent for changing based on the average expense to produce 1 component. Time to Change One Tool is denoted by tc symbol.

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

FAQs on Tool Changing Time for each Tool given Production Cost per Component

What is the formula to find Tool Changing Time for each Tool given Production Cost per Component?
The formula of Tool Changing Time for each Tool given Production Cost per Component is expressed as Time to Change One Tool = (((Production Cost of Each Component-Machining And Operating Rate*(Non-Productive Time+Constant For Machining Condition/Cutting Velocity))/((Constant For Machining Condition/(Reference Tool Life*Reference Cutting Velocity^(1/Taylors Tool Life Exponent)))*(Cutting Velocity^((1-Taylors Tool Life Exponent)/Taylors Tool Life Exponent))))-Cost of A Tool)/Machining And Operating Rate. Here is an example- 0.083307 = (((5.655323-0.00283*(1200+203.0681/0.28))/((203.0681/(120*0.76^(1/0.125)))*(0.28^((1-0.125)/0.125))))-100)/0.00283.
How to calculate Tool Changing Time for each Tool given Production Cost per Component?
With Production Cost of Each Component (Cp), Machining And Operating Rate (M), Non-Productive Time (NPT), Constant For Machining Condition (K), Cutting Velocity (V), Reference Tool Life (Lref), Reference Cutting Velocity (Vref), Taylors Tool Life Exponent (n) & Cost of A Tool (Ct) we can find Tool Changing Time for each Tool given Production Cost per Component using the formula - Time to Change One Tool = (((Production Cost of Each Component-Machining And Operating Rate*(Non-Productive Time+Constant For Machining Condition/Cutting Velocity))/((Constant For Machining Condition/(Reference Tool Life*Reference Cutting Velocity^(1/Taylors Tool Life Exponent)))*(Cutting Velocity^((1-Taylors Tool Life Exponent)/Taylors Tool Life Exponent))))-Cost of A Tool)/Machining And Operating Rate.
Can the Tool Changing Time for each Tool given Production Cost per Component be negative?
No, the Tool Changing Time for each Tool given Production Cost per Component, measured in Time cannot be negative.
Which unit is used to measure Tool Changing Time for each Tool given Production Cost per Component?
Tool Changing Time for each Tool 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 Tool Changing Time for each Tool given Production Cost per Component can be measured.
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