Estimated Tool Costs for Re-grindable Tool Calculator

✖Cost of Grinding is the amount spent on grinding of a given tool.ⓘ Cost of Grinding [C_g]			+10% -10%
✖The Cost of A Tool is simply the cost of one tool being used for machining.ⓘ Cost of A Tool [C_t]			+10% -10%
✖Average Number of Regrinds Possible is the number of times a tool is supposed to be grindable to give a sharp edge.ⓘ Average Number of Regrinds Possible [N_g]			+10% -10%

✖Tool Cost is the amount of money spend on the purchase, maintenance and changing of tools.ⓘ Estimated Tool Costs for Re-grindable Tool [TC]

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Estimated Tool Costs for Re-grindable Tool Solution

STEP 0: Pre-Calculation Summary

Formula Used

Tool Cost = Cost of Grinding+(Cost of A Tool/Average Number of Regrinds Possible)
TC = C_g+(C_t/N_g)
This formula uses 4 Variables

Variables Used

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.
Cost of A Tool - The Cost of A Tool is simply the cost of one tool being used for machining.
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.

STEP 1: Convert Input(s) to Base Unit

Cost of Grinding: 180 --> No Conversion Required
Cost of A Tool: 80 --> No Conversion Required
Average Number of Regrinds Possible: 4 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

TC = C_g+(C_t/N_g) --> 180+(80/4)

Evaluating ... ...

TC = 200

STEP 3: Convert Result to Output's Unit

200 --> No Conversion Required

FINAL ANSWER

200 <-- Tool Cost

(Calculation completed in 00.004 seconds)

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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

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Estimated Tool Costs for Re-grindable Tool Formula

LaTeX Go

Tool Cost = Cost of Grinding+(Cost of A Tool/Average Number of Regrinds Possible)
TC = C_g+(C_t/N_g)

Tool Costs for Re-sharpening

The Tool Costs for Re-sharpening is generated on the processes that basically include changing or re-sharpening the tool. These do not result in any productivity or profit whatsoever. But as the time is consumed by the operator to perform these tasks, when paid by the hour, the operators cost plants this time too.

How to Calculate Estimated Tool Costs for Re-grindable Tool?

Estimated Tool Costs for Re-grindable Tool calculator uses Tool Cost = Cost of Grinding+(Cost of A Tool/Average Number of Regrinds Possible) to calculate the Tool Cost, The Estimated Tool Costs for Re-grindable Tool is the estimated cost required to provide a sharp tool for machining operation. Tool Cost is denoted by TC symbol.

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

FAQ

What is Estimated Tool Costs for Re-grindable Tool?

The Estimated Tool Costs for Re-grindable Tool is the estimated cost required to provide a sharp tool for machining operation and is represented as TC = C_g+(C_t/N_g) or Tool Cost = Cost of Grinding+(Cost of A Tool/Average Number of Regrinds Possible). Cost of Grinding is the amount spent on grinding of a given tool, The Cost of A Tool is simply the cost of one tool being used for machining & Average Number of Regrinds Possible is the number of times a tool is supposed to be grindable to give a sharp edge.

How to calculate Estimated Tool Costs for Re-grindable Tool?

The Estimated Tool Costs for Re-grindable Tool is the estimated cost required to provide a sharp tool for machining operation is calculated using Tool Cost = Cost of Grinding+(Cost of A Tool/Average Number of Regrinds Possible). To calculate Estimated Tool Costs for Re-grindable Tool, you need Cost of Grinding (C_g), Cost of A Tool (C_t) & Average Number of Regrinds Possible (N_g). With our tool, you need to enter the respective value for Cost of Grinding, Cost of A Tool & Average Number of Regrinds Possible 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 Cost?

In this formula, Tool Cost uses Cost of Grinding, Cost of A Tool & Average Number of Regrinds Possible. We can use 1 other way(s) to calculate the same, which is/are as follows -

Tool Cost = (Cost of Insert/Average Number of Cutting Edges Used Per Insert)+(Cost of The Holder/Cutting Edges Used During Life of Holder)

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