Tool Life of One Tool for Minimum Machining Cost Solution

STEP 0: Pre-Calculation Summary
Formula Used
Tool Life = Time Proportion of Cutting Edge Engagement*(Time to Change One Tool+(Cost of a Tool/Machining and Operating Rate))*(1-Taylor's Tool Life Exponent)/Taylor's Tool Life Exponent
T = Q*(tc+(Ct/M))*(1-n)/n
This formula uses 6 Variables
Variables Used
Tool Life - (Measured in Second) - Tool Life is the period of time for which the cutting edge, affected by the cutting procedure, retains its cutting capacity between sharpening operations.
Time Proportion of Cutting Edge Engagement - Time Proportion of Cutting Edge Engagement is the fractional portion of machining time during which the Cutting Edge of the tool is engaged with the workpiece.
Time to Change One Tool - (Measured in Second) - Time to Change One Tool is the measure of time it takes to change one tool during machining.
Cost of a Tool - The Cost of a Tool is simply the cost of one tool being used for machining.
Machining and Operating Rate - Machining and Operating Rate is the money charged for processing on and operating machines per unit time, including overheads.
Taylor's Tool Life Exponent - Taylor's Tool Life Exponent is an experimental exponent that helps in quantifying the rate of Tool Wear.
STEP 1: Convert Input(s) to Base Unit
Time Proportion of Cutting Edge Engagement: 0.5 --> No Conversion Required
Time to Change One Tool: 1.25 Minute --> 75 Second (Check conversion ​here)
Cost of a Tool: 100 --> No Conversion Required
Machining and Operating Rate: 101 --> No Conversion Required
Taylor's Tool Life Exponent: 0.032362 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
T = Q*(tc+(Ct/M))*(1-n)/n --> 0.5*(75+(100/101))*(1-0.032362)/0.032362
Evaluating ... ...
T = 1136.06865190258
STEP 3: Convert Result to Output's Unit
1136.06865190258 Second -->18.9344775317097 Minute (Check conversion ​here)
FINAL ANSWER
18.9344775317097 18.93448 Minute <-- Tool Life
(Calculation completed in 00.004 seconds)

Credits

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

14 Minimum Machining Cost Calculators

Taylor's Exponent for Minimum Machining Cost given Tool Life
​ Go Taylor's Tool Life Exponent = ((Time to Change One Tool+(Cost of a Tool/Machining and Operating Rate))*Time Proportion of Cutting Edge Engagement)/(Tool Life+((Time to Change One Tool+(Cost of a Tool/Machining and Operating Rate))*Time Proportion of Cutting Edge Engagement))
Tool Life for minimum cost given Minimum Production Cost
​ Go Tool Life = Reference Tool Life*((((Production Cost of Each Component/Machining and Operating Rate)-Setup Time)*Reference Cutting Velocity*(1-Taylor's Tool Life Exponent)/Constant For Machining Condition)^(1/Taylor's Tool Life Exponent))
Reference Tool Life given Minimum Production Cost
​ Go Reference Tool Life = Tool Life/((((Production Cost of Each Component/Machining and Operating Rate)-Setup Time)*Reference Cutting Velocity*(1-Taylor's Tool Life Exponent)/Constant For Machining Condition)^(1/Taylor's Tool Life Exponent))
Non-Productive Time per component given Minimum Production Cost
​ Go Setup Time = (Production Cost of Each Component/Machining and Operating Rate)-(Constant For Machining Condition*((Tool Life/Reference Tool Life)^Taylor's Tool Life Exponent)/(Reference Cutting Velocity*(1-Taylor's Tool Life Exponent)))
Machining and Operating Rate given Minimum Production Cost
​ Go Machining and Operating Rate = Production Cost of Each Component/(Setup Time+(Constant For Machining Condition*((Tool Life/Reference Tool Life)^Taylor's Tool Life Exponent)/(Reference Cutting Velocity*(1-Taylor's Tool Life Exponent))))
Reference Cutting Velocity given Minimum Production Cost
​ Go Reference Cutting Velocity = Constant For Machining Condition*((Tool Life/Reference Tool Life)^Taylor's Tool Life Exponent)/((1-Taylor's Tool Life Exponent)*((Production Cost of Each Component/Machining and Operating Rate)-Setup Time))
Minimum Production Cost per Component
​ Go Production Cost of Each Component = Machining and Operating Rate*(Setup Time+(Constant For Machining Condition*((Tool Life/Reference Tool Life)^Taylor's Tool Life Exponent)/(Reference Cutting Velocity*(1-Taylor's Tool Life Exponent))))
Constant for Machining Operation given Minimum Production Cost
​ Go Constant For Machining Condition = ((Production Cost of Each Component/Machining and Operating Rate)-Setup Time)*Reference Cutting Velocity*(1-Taylor's Tool Life Exponent)/((Tool Life/Reference Tool Life)^Taylor's Tool Life Exponent)
Tool Life of One Tool for Minimum Machining Cost given Tool Changing Cost per Tool
​ Go Tool Life = Time Proportion of Cutting Edge Engagement*(Cost of changing each Tool+Cost of a Tool)*(1-Taylor's Tool Life Exponent)/(Taylor's Tool Life Exponent*Machining and Operating Rate)
Tool Changing Cost per Tool given Tool Life for Minimum Machining Cost
​ Go Cost of changing each Tool = (Tool Life*Taylor's Tool Life Exponent*Machining and Operating Rate/(Time Proportion of Cutting Edge Engagement*(1-Taylor's Tool Life Exponent)))-Cost of a Tool
Tool Changing Time for 1 Tool given Tool Life for Minimum Machining Cost
​ Go Time to Change One Tool = (Tool Life*Taylor's Tool Life Exponent/((1-Taylor's Tool Life Exponent)*Time Proportion of Cutting Edge Engagement))-(Cost of a Tool/Machining and Operating Rate)
Tool Life of One Tool for Minimum Machining Cost
​ Go Tool Life = Time Proportion of Cutting Edge Engagement*(Time to Change One Tool+(Cost of a Tool/Machining and Operating Rate))*(1-Taylor's Tool Life Exponent)/Taylor's Tool Life Exponent
Taylor's Exponent for Minimum Machining Cost per component
​ Go Taylor's Tool Life Exponent = 1-(Machining Time for Minimum Cost*Machining and Operating Rate/Machining and Operating Cost of Each Product)
Machining Time per component for Minimum Machining Cost
​ Go Machining Time for Minimum Cost = Machining and Operating Cost of Each Product*(1-Taylor's Tool Life Exponent)/Machining and Operating Rate

Tool Life of One Tool for Minimum Machining Cost Formula

Tool Life = Time Proportion of Cutting Edge Engagement*(Time to Change One Tool+(Cost of a Tool/Machining and Operating Rate))*(1-Taylor's Tool Life Exponent)/Taylor's Tool Life Exponent
T = Q*(tc+(Ct/M))*(1-n)/n

What is Tool Life ?

Tool life is defined as the time period between two successive grinding of tools and two successive replacement of tools. It is a measure of time or a number of products a single tool can keep machining without restoring its sharpness.

How to Calculate Tool Life of One Tool for Minimum Machining Cost?

Tool Life of One Tool for Minimum Machining Cost calculator uses Tool Life = Time Proportion of Cutting Edge Engagement*(Time to Change One Tool+(Cost of a Tool/Machining and Operating Rate))*(1-Taylor's Tool Life Exponent)/Taylor's Tool Life Exponent to calculate the Tool Life, The Tool Life of One Tool for Minimum Machining Cost formula is used to find the Useful Life of a cutting tool required to operate on a workpiece when the Cost of Machining is minimum. Tool Life is denoted by T symbol.

How to calculate Tool Life of One Tool for Minimum Machining Cost using this online calculator? To use this online calculator for Tool Life of One Tool for Minimum Machining Cost, enter Time Proportion of Cutting Edge Engagement (Q), Time to Change One Tool (tc), Cost of a Tool (Ct), Machining and Operating Rate (M) & Taylor's Tool Life Exponent (n) and hit the calculate button. Here is how the Tool Life of One Tool for Minimum Machining Cost calculation can be explained with given input values -> 1.249963 = 0.5*(75+(100/101))*(1-0.032362)/0.032362.

FAQ

What is Tool Life of One Tool for Minimum Machining Cost?
The Tool Life of One Tool for Minimum Machining Cost formula is used to find the Useful Life of a cutting tool required to operate on a workpiece when the Cost of Machining is minimum and is represented as T = Q*(tc+(Ct/M))*(1-n)/n or Tool Life = Time Proportion of Cutting Edge Engagement*(Time to Change One Tool+(Cost of a Tool/Machining and Operating Rate))*(1-Taylor's Tool Life Exponent)/Taylor's Tool Life Exponent. Time Proportion of Cutting Edge Engagement is the fractional portion of machining time during which the Cutting Edge of the tool is engaged with the workpiece, Time to Change One Tool is the measure of time it takes to change one tool during machining, The Cost of a Tool is simply the cost of one tool being used for machining, Machining and Operating Rate is the money charged for processing on and operating machines per unit time, including overheads & Taylor's Tool Life Exponent is an experimental exponent that helps in quantifying the rate of Tool Wear.
How to calculate Tool Life of One Tool for Minimum Machining Cost?
The Tool Life of One Tool for Minimum Machining Cost formula is used to find the Useful Life of a cutting tool required to operate on a workpiece when the Cost of Machining is minimum is calculated using Tool Life = Time Proportion of Cutting Edge Engagement*(Time to Change One Tool+(Cost of a Tool/Machining and Operating Rate))*(1-Taylor's Tool Life Exponent)/Taylor's Tool Life Exponent. To calculate Tool Life of One Tool for Minimum Machining Cost, you need Time Proportion of Cutting Edge Engagement (Q), Time to Change One Tool (tc), Cost of a Tool (Ct), Machining and Operating Rate (M) & Taylor's Tool Life Exponent (n). With our tool, you need to enter the respective value for Time Proportion of Cutting Edge Engagement, Time to Change One Tool, Cost of a Tool, Machining and Operating Rate & Taylor's Tool Life Exponent and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
How many ways are there to calculate Tool Life?
In this formula, Tool Life uses Time Proportion of Cutting Edge Engagement, Time to Change One Tool, Cost of a Tool, Machining and Operating Rate & Taylor's Tool Life Exponent. We can use 1 other way(s) to calculate the same, which is/are as follows -
  • Tool Life = Time Proportion of Cutting Edge Engagement*(Cost of changing each Tool+Cost of a Tool)*(1-Taylor's Tool Life Exponent)/(Taylor's Tool Life Exponent*Machining and Operating Rate)
Let Others Know
Facebook
Twitter
Reddit
LinkedIn
Email
WhatsApp
Copied!