Cost of Holder given Tool Costs for Disposable-Insert Tool Solution

STEP 0: Pre-Calculation Summary
Formula Used
Cost of the Holder = Cutting Edges used during Life of Holder*(Tool Cost-(Cost of Insert/Average Number of Cutting Edges used per Insert))
Ch = CEhl*(TC-(Ci/CEavg))
This formula uses 5 Variables
Variables Used
Cost of the Holder - Cost of the Holder is the amount required to get a new holder for a tool.
Cutting Edges used during Life of Holder - Cutting Edges used during Life of Holder is the total number of Cutting Edges engaged with the holder until it wears off beyond use.
Tool Cost - Tool Cost is the amount of money spend on the purchase, maintenance and changing of tools.
Cost of Insert - Cost of Insert is the amount spent on inserting a tool in its specified holder.
Average Number of Cutting Edges used per Insert - Average Number of Cutting Edges used per Insert is the supposed count of cutting edges that engaged during insertion into the holder.
STEP 1: Convert Input(s) to Base Unit
Cutting Edges used during Life of Holder: 110 --> No Conversion Required
Tool Cost: 200 --> No Conversion Required
Cost of Insert: 900 --> No Conversion Required
Average Number of Cutting Edges used per Insert: 10 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
Ch = CEhl*(TC-(Ci/CEavg)) --> 110*(200-(900/10))
Evaluating ... ...
Ch = 12100
STEP 3: Convert Result to Output's Unit
12100 --> No Conversion Required
FINAL ANSWER
12100 <-- Cost of the Holder
(Calculation completed in 00.004 seconds)

Credits

Created by Kumar Siddhant
Indian Institute of Information Technology, Design and Manufacturing (IIITDM), Jabalpur
Kumar Siddhant has created this Calculator and 400+ more calculators!
Verified by Parul Keshav
National Institute of Technology (NIT), Srinagar
Parul Keshav has verified this Calculator and 400+ more calculators!

7 Cost Calculators

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))
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))
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
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)

Cost of Holder given Tool Costs for Disposable-Insert Tool Formula

Cost of the Holder = Cutting Edges used during Life of Holder*(Tool Cost-(Cost of Insert/Average Number of Cutting Edges used per Insert))
Ch = CEhl*(TC-(Ci/CEavg))

What are tool holders?

"Tool holder" is a general term for the adapters used to mount the cutting tools in the machine-tool equipment that performs these operations. Tool holders influence the machining accuracy of machine tools and even product quality, so they demand high precision for which not even microscopic error is permitted.

How to Calculate Cost of Holder given Tool Costs for Disposable-Insert Tool?

Cost of Holder given Tool Costs for Disposable-Insert Tool calculator uses Cost of the Holder = Cutting Edges used during Life of Holder*(Tool Cost-(Cost of Insert/Average Number of Cutting Edges used per Insert)) to calculate the Cost of the Holder, The Cost of Holder given Tool Costs for Disposable-Insert Tool is a method o determining the maximum amount that can be spent on purchasing a holder when there is a bound on the total available cost of tools. Cost of the Holder is denoted by Ch symbol.

How to calculate Cost of Holder given Tool Costs for Disposable-Insert Tool using this online calculator? To use this online calculator for Cost of Holder given Tool Costs for Disposable-Insert Tool, enter Cutting Edges used during Life of Holder (CEhl), Tool Cost (TC), Cost of Insert (Ci) & Average Number of Cutting Edges used per Insert (CEavg) and hit the calculate button. Here is how the Cost of Holder given Tool Costs for Disposable-Insert Tool calculation can be explained with given input values -> 12100 = 110*(200-(900/10)).

FAQ

What is Cost of Holder given Tool Costs for Disposable-Insert Tool?
The Cost of Holder given Tool Costs for Disposable-Insert Tool is a method o determining the maximum amount that can be spent on purchasing a holder when there is a bound on the total available cost of tools and is represented as Ch = CEhl*(TC-(Ci/CEavg)) or Cost of the Holder = Cutting Edges used during Life of Holder*(Tool Cost-(Cost of Insert/Average Number of Cutting Edges used per Insert)). Cutting Edges used during Life of Holder is the total number of Cutting Edges engaged with the holder until it wears off beyond use, Tool Cost is the amount of money spend on the purchase, maintenance and changing of tools, Cost of Insert is the amount spent on inserting a tool in its specified holder & Average Number of Cutting Edges used per Insert is the supposed count of cutting edges that engaged during insertion into the holder.
How to calculate Cost of Holder given Tool Costs for Disposable-Insert Tool?
The Cost of Holder given Tool Costs for Disposable-Insert Tool is a method o determining the maximum amount that can be spent on purchasing a holder when there is a bound on the total available cost of tools is calculated using Cost of the Holder = Cutting Edges used during Life of Holder*(Tool Cost-(Cost of Insert/Average Number of Cutting Edges used per Insert)). To calculate Cost of Holder given Tool Costs for Disposable-Insert Tool, you need Cutting Edges used during Life of Holder (CEhl), Tool Cost (TC), Cost of Insert (Ci) & Average Number of Cutting Edges used per Insert (CEavg). With our tool, you need to enter the respective value for Cutting Edges used during Life of Holder, Tool Cost, Cost of Insert & Average Number of Cutting Edges used per Insert and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
Let Others Know
Facebook
Twitter
Reddit
LinkedIn
Email
WhatsApp
Copied!