Average Number of Regrinds Possible, given Estimated Tool Costs Solution

STEP 0: Pre-Calculation Summary
Formula Used
Average Number of Regrinds Possible = Cost of a Tool/(Tool Cost-Cost of Grinding)
Ng = Ct/(TC-Cg)
This formula uses 4 Variables
Variables Used
Average Number of Regrinds Possible - Average Number of Regrinds Possible is the number of times a Tool is supposed to be grindable to give a sharp edge.
Cost of a Tool - The Cost of a Tool is simply the cost of one tool being used for machining.
Tool Cost - Tool Cost is the amount of money spend on the purchase, maintenance and changing of tools.
Cost of Grinding - Cost of Grinding is the amount spent on grinding of a given tool.
STEP 1: Convert Input(s) to Base Unit
Cost of a Tool: 80 --> No Conversion Required
Tool Cost: 200 --> No Conversion Required
Cost of Grinding: 180 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
Ng = Ct/(TC-Cg) --> 80/(200-180)
Evaluating ... ...
Ng = 4
STEP 3: Convert Result to Output's Unit
4 --> No Conversion Required
FINAL ANSWER
4 <-- Average Number of Regrinds Possible
(Calculation completed in 00.004 seconds)

Credits

Created by Kumar Siddhant
Indian Institute of Information Technology, Design and Manufacturing (IIITDM), Jabalpur
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Verified by Parul Keshav
National Institute of Technology (NIT), Srinagar
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14 Estimation Cost Calculators

Operator's Overhead Percentage given Machining and Operating Rate
Go Operator's Overhead Percentage = ((Machining and Operating Rate-(Depreciation Rate*(100+Machine Overhead Percentage)/100))*100/Wage Rate)-100
Machine Overhead Percentage given Machining and Operating Rate
Go Machine Overhead Percentage = ((Machining and Operating Rate-(Wage Rate*(100+Operator's Overhead Percentage)/100))*100/Depreciation Rate)-100
Operator's Wage Rate given Machining and Operating Rate
Go Wage Rate = (Machining and Operating Rate-(Depreciation Rate*(100+Machine Overhead Percentage)/100))*100/(100+Operator's Overhead Percentage)
Machining and Operating Rate
Go Machining and Operating Rate = (Wage Rate*(100+Operator's Overhead Percentage)/100)+(Depreciation Rate*(100+Machine Overhead Percentage)/100)
Cutting Edges used during Life of Holder given Estimated Tool Costs
Go Cutting Edges used during Life of Holder = Cost of the Holder/(Tool Cost-(Cost of Insert/Average Number of Cutting Edges used per Insert))
Average Cutting Edges used per insert given Estimated Tool Costs
Go Average Number of Cutting Edges used per Insert = Cost of Insert/(Tool Cost-(Cost of the Holder/Cutting Edges used during Life of Holder))
Cost of Insert given Tool Costs for Disposable-Insert Tool
Go Cost of Insert = Average Number of Cutting Edges Used Per Insert*(Tool Cost-(Cost of The Holder/Cutting Edges Used During Life of Holder))
Cost of Holder given Tool Costs for Disposable-Insert Tool
Go Cost of The Holder = Cutting Edges Used During Life of Holder*(Tool Cost-(Cost of Insert/Average Number of Cutting Edges Used Per Insert))
Estimated Tool Costs for Disposable-Insert Tool
Go Tool Cost = (Cost of Insert/Average Number of Cutting Edges Used Per Insert)+(Cost of The Holder/Cutting Edges Used During Life of Holder)
Initial Cost of Machine given Depreciation Rate
Go Initial Cost of the Machine = Amortization Period*Number of Working Hours Per Year*Depreciation Rate
Average Number of Regrinds Possible, given Estimated Tool Costs
Go Average Number of Regrinds Possible = Cost of a Tool/(Tool Cost-Cost of Grinding)
Cost of Re-grindable Tool given Estimated Tool Costs
Go Cost of a Tool = (Tool Cost-Cost of Grinding)*Average Number of Regrinds Possible
Cost of Grinding given Estimated Tool Costs
Go Cost of Grinding = Tool Cost-(Cost of a Tool/Average Number of Regrinds Possible)
Estimated Tool Costs for Re-grindable Tool
Go Tool Cost = Cost of Grinding+(Cost of a Tool/Average Number of Regrinds Possible)

Average Number of Regrinds Possible, given Estimated Tool Costs Formula

Average Number of Regrinds Possible = Cost of a Tool/(Tool Cost-Cost of Grinding)
Ng = Ct/(TC-Cg)

Ideal Capacity of a Machine Tool

The desired characteristics of a Machine Toole are:
1. Powerful and high Strength
2. Rigid and Stable
3. Tools allows much higher Cutting Velocity, if required and permissible
4. Low wear

How to Calculate Average Number of Regrinds Possible, given Estimated Tool Costs?

Average Number of Regrinds Possible, given Estimated Tool Costs calculator uses Average Number of Regrinds Possible = Cost of a Tool/(Tool Cost-Cost of Grinding) to calculate the Average Number of Regrinds Possible, The Average Number of Regrinds Possible, given Estimated Tool Costs is an estimate of the number of times a tool can be resharpened when the total Tools Cost is limited. Average Number of Regrinds Possible is denoted by Ng symbol.

How to calculate Average Number of Regrinds Possible, given Estimated Tool Costs using this online calculator? To use this online calculator for Average Number of Regrinds Possible, given Estimated Tool Costs, enter Cost of a Tool (Ct), Tool Cost (TC) & Cost of Grinding (Cg) and hit the calculate button. Here is how the Average Number of Regrinds Possible, given Estimated Tool Costs calculation can be explained with given input values -> 4 = 80/(200-180).

FAQ

What is Average Number of Regrinds Possible, given Estimated Tool Costs?
The Average Number of Regrinds Possible, given Estimated Tool Costs is an estimate of the number of times a tool can be resharpened when the total Tools Cost is limited and is represented as Ng = Ct/(TC-Cg) or Average Number of Regrinds Possible = Cost of a Tool/(Tool Cost-Cost of Grinding). The Cost of a Tool is simply the cost of one tool being used for machining, Tool Cost is the amount of money spend on the purchase, maintenance and changing of tools & Cost of Grinding is the amount spent on grinding of a given tool.
How to calculate Average Number of Regrinds Possible, given Estimated Tool Costs?
The Average Number of Regrinds Possible, given Estimated Tool Costs is an estimate of the number of times a tool can be resharpened when the total Tools Cost is limited is calculated using Average Number of Regrinds Possible = Cost of a Tool/(Tool Cost-Cost of Grinding). To calculate Average Number of Regrinds Possible, given Estimated Tool Costs, you need Cost of a Tool (Ct), Tool Cost (TC) & Cost of Grinding (Cg). With our tool, you need to enter the respective value for Cost of a Tool, Tool Cost & Cost of Grinding and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
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