Tool Changing Time for each Tool given Tool Life and tool cost evaluator uses Time to Change Each Tool = (Tool Life*Taylor's Tool Life Exponent/(1-Taylor's Tool Life Exponent))-(Cost of A Tool/Cost of A Tool) to evaluate the Time to Change Each Tool, The Tool Changing Time for each Tool given Tool Life and tool cost is a method to determine the maximum amount available to be spent on renewing the Machining Tool for the production of a batch of components, such that the Total Production Cost is Minimum. Time to Change Each Tool is denoted by te symbol.
How to evaluate Tool Changing Time for each Tool given Tool Life and tool cost using this online evaluator? To use this online evaluator for Tool Changing Time for each Tool given Tool Life and tool cost, enter Tool Life (T), Taylor's Tool Life Exponent (n) & Cost of A Tool (Ct) and hit the calculate button.