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: 21.92771 --> No Conversion Required
Tool Cost: 200 --> No Conversion Required
Cost of Insert: 900 --> No Conversion Required
Average Number of Cutting Edges Used Per Insert: 8.272727 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
Ch = CEhl*(TC-(Ci/CEavg)) --> 21.92771*(200-(900/8.272727))
Evaluating ... ...
Ch = 1999.99984443268
STEP 3: Convert Result to Output's Unit
1999.99984443268 --> No Conversion Required
FINAL ANSWER
1999.99984443268 2000 <-- Cost of The Holder
(Calculation completed in 00.005 seconds)

Credits

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

​LaTeX ​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))
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 to 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 -> 2000 = 21.92771*(200-(900/8.272727)).

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 to 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 to 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.
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