Tool Life in Production Cost Formulas

Tool Life is the period of time for which the cutting edge, affected by the cutting procedure, retains its cutting capacity between sharpening operations. And is denoted by T. Tool Life is usually measured using the Minute for Time. Note that the value of Tool Life is always positive.

Formulas to find Tool Life in Production Cost

fxTool Life for Minimum Production Cost given Tool Changing CostGo

Production Cost formulas that make use of Tool Life

fxTool Changing Time for each Tool given Tool Life and tool costGo

fxCost to change One Tool given Tool LifeGo

List of variables in Production Cost formulas

fx Taylor's Tool Life Exponent Go

fx Cost of Changing Each Tool Go

fx Cost of A Tool Go

FAQ

What is the Tool Life?

Tool Life is the period of time for which the cutting edge, affected by the cutting procedure, retains its cutting capacity between sharpening operations. Tool Life is usually measured using the Minute for Time. Note that the value of Tool Life is always positive.

Can the Tool Life be negative?

No, the Tool Life, measured in Time cannot be negative.

What unit is used to measure Tool Life?

Tool Life is usually measured using the Minute[min] for Time. Second[min], Millisecond[min], Microsecond[min] are the few other units in which Tool Life can be measured.

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