Machining Rate given Machining Cost for Maximum Power with limited Cutting Speed Solution

STEP 0: Pre-Calculation Summary
Formula Used
Maximum Machining And Operating Rate = Machining And Operating Cost of Each Product/(((((Machining Rate For Maximum Power/Machining Time For Maximum Power)^(1/Taylor's Tool Life Exponent For Maximum Power))*Taylor's Tool Life Exponent For Maximum Power/(1-Taylor's Tool Life Exponent For Maximum Power))+1)*Machining Time For Maximum Power)
Mmax = Cm/(((((tmc/tmp)^(1/nmax))*nmax/(1-nmax))+1)*tmp)
This formula uses 5 Variables
Variables Used
Maximum Machining And Operating Rate - Maximum Machining And Operating Rate is the maximum money charged for processing on and operating machines per unit time, including overheads.
Machining And Operating Cost of Each Product - Machining And Operating Cost of Each Product is the total amount of money required to machine a single product.
Machining Rate For Maximum Power - (Measured in Second) - Machining Rate For Maximum Power is the rate for processing when the workpiece is machined to obtain the minimum cost of Machining such that the power is maximum.
Machining Time For Maximum Power - (Measured in Second) - Machining Time For Maximum Power is the time for processing when the workpiece is machined under maximum power conditions.
Taylor's Tool Life Exponent For Maximum Power - Taylor's Tool Life Exponent For Maximum Power is an experimental exponent that helps in quantifying the rate of tool wear such that the power is maximum.
STEP 1: Convert Input(s) to Base Unit
Machining And Operating Cost of Each Product: 0.963225 --> No Conversion Required
Machining Rate For Maximum Power: 0.8855 Minute --> 53.13 Second (Check conversion ​here)
Machining Time For Maximum Power: 0.81541667 Minute --> 48.9250002 Second (Check conversion ​here)
Taylor's Tool Life Exponent For Maximum Power: 0.540789 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
Mmax = Cm/(((((tmc/tmp)^(1/nmax))*nmax/(1-nmax))+1)*tmp) --> 0.963225/(((((53.13/48.9250002)^(1/0.540789))*0.540789/(1-0.540789))+1)*48.9250002)
Evaluating ... ...
Mmax = 0.00830143173028251
STEP 3: Convert Result to Output's Unit
0.00830143173028251 --> No Conversion Required
FINAL ANSWER
0.00830143173028251 0.008301 <-- Maximum Machining And Operating Rate
(Calculation completed in 00.004 seconds)

Credits

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Created by Kumar Siddhant
Indian Institute of Information Technology, Design and Manufacturing (IIITDM), Jabalpur
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National Institute of Technology (NIT), Srinagar
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17 Machining Cost Calculators

Machining Rate given Machining Cost for Maximum Power with limited Cutting Speed
​ Go Maximum Machining And Operating Rate = Machining And Operating Cost of Each Product/(((((Machining Rate For Maximum Power/Machining Time For Maximum Power)^(1/Taylor's Tool Life Exponent For Maximum Power))*Taylor's Tool Life Exponent For Maximum Power/(1-Taylor's Tool Life Exponent For Maximum Power))+1)*Machining Time For Maximum Power)
Machining and Operating Rate given Machining Cost for Maximum Power
​ Go Maximum Machining And Operating Rate = ((Machining And Operating Cost of Each Product/Machining Time For Maximum Power)-(Time Proportion of Cutting Edge Engagement*Cost of A Tool/Tool Life))/((Time Proportion of Cutting Edge Engagement*Time to Change One Tool For Maximum Power/Tool Life)+1)
Machining and Operating Rate given Machining Cost
​ Go Minimum Machining And Operating Rate = ((Minimum Machining Cost of Each Product/Machining Time)-(Time Proportion of Cutting Edge Engagement*Cost of A Tool/Tool Life))/((Time Proportion of Cutting Edge Engagement*Time to Change One Tool For Minimum Cost/Tool Life)+1)
Total Machining and Operating Costs using Average Production Cost
​ Go Total Machining And Operating Cost = (Production Cost of Each Component-(Average Cost of A Tool*Non Productive Time)-(Number of Tools Used/Batch Size*(Average Cost of A Tool*Time to Change One Tool+Average Cost of A Tool)))*Batch Size
Factor to allow for Machining overheads given Total rate for Machining and Operator
​ Go Factor to Allow For Machining = (Total Rate of Machining And Operator-(Factor to Allow For Operator*Direct Labor Rate))*(2*Amortized Years*Number of Shifts)/(Constant For Tool Type (e)*Initial Work Piece Weight^Constant For Tool Type (f))
Factor to allow for Operator overheads given Total rate for Machining and Operator
​ Go Factor to Allow For Operator = (Total Rate of Machining And Operator-((Factor to Allow For Machining*Constant For Tool Type (e)*Initial Work Piece Weight^Constant For Tool Type (f))/(2*Amortized Years*Number of Shifts)))/Direct Labor Rate
Number of shifts given Total rate for Machining and Operator
​ Go Number of Shifts = (Factor to Allow For Machining*Constant For Tool Type (e)*Initial Work Piece Weight^Constant For Tool Type (f))/((Total Rate of Machining And Operator-(Factor to Allow For Operator*Direct Labor Rate))*2*Amortized Years)
Machining and Operating Cost of Each Product using Average Production Cost
​ Go Average Machining Cost of Each Product = Production Cost of Each Component-(Average Cost of A Tool*Setup Time+(Number of Tools Used/Batch Size)*((Average Cost of A Tool*Time to Change One Tool)+Average Cost of A Tool))
Machining and Operating Cost of Each Product using Total Production Cost
​ Go Machining And Operating Total Cost of Each Product = Total Production Cost-(Batch Size*Average Cost of A Tool*Setup Time+Number of Tools Used*((Average Cost of A Tool*Time to Change One Tool)+Average Cost of A Tool))
Machining and Operating Rate given Tool Life for Minimum Machining Cost
​ Go Minimum Machining Cost And Operating Rate = Cost of A Tool/((Tool Life*Taylor's Tool Life Exponent/((1-Taylor's Tool Life Exponent)*Time Proportion of Cutting Edge Engagement))-Time to Change One Tool For Minimum Cost)
Machining and Operating Cost of Each Product using Individual Cost
​ Go Machining Individual Cost of Each Product = (Total Production Cost-(Total Non Productive Cost+Total Tool Changing Cost+Total Cost of Tools Used))/Batch Size
Total Machining and Operating Costs given Total Production Cost
​ Go Total Machining And Operating Cost = Total Production Cost-(Total Cost of Tools Used+Total Tool Changing Cost+Total Non Productive Cost)
Total Machining and Operating Costs given Individual Costs
​ Go Total Machining And Operating Cost = Total Production Cost-(Total Non Productive Cost+Total Tool Changing Cost+Total Cost of Tools Used)
Machining and Operating Rate for Minimum Machining Cost
​ Go Minimum Machining And Operating Rate = Minimum Machining Cost of Each Product*(1-Taylor's Tool Life Exponent)/Machining Time For Minimum Cost
Total Non-Productive Cost
​ Go Total Production Cost For Non Productive Cost = Total Non Productive Time*Machining And Operating Rate
Machining and Operating Rate given Total Machining and Operating Cost
​ Go Machining And Operating Rate = Rate of Total Machining And Operating Cost/Total Production Time
Total Machining and Operating Cost
​ Go Rate of Total Machining And Operating Cost = Machining And Operating Rate*Total Production Time

Machining Rate given Machining Cost for Maximum Power with limited Cutting Speed Formula

Maximum Machining And Operating Rate = Machining And Operating Cost of Each Product/(((((Machining Rate For Maximum Power/Machining Time For Maximum Power)^(1/Taylor's Tool Life Exponent For Maximum Power))*Taylor's Tool Life Exponent For Maximum Power/(1-Taylor's Tool Life Exponent For Maximum Power))+1)*Machining Time For Maximum Power)
Mmax = Cm/(((((tmc/tmp)^(1/nmax))*nmax/(1-nmax))+1)*tmp)

Significance of Machining and Operating Rate

The Machining and Operating Rate basically helps in determining the count of components that can be manufactured in the given time for given resources. Optimizing this Rate helps in regulating the Total Machining Cost of the Production which carries the maximum weightage of the Total Production Cost.

How to Calculate Machining Rate given Machining Cost for Maximum Power with limited Cutting Speed?

Machining Rate given Machining Cost for Maximum Power with limited Cutting Speed calculator uses Maximum Machining And Operating Rate = Machining And Operating Cost of Each Product/(((((Machining Rate For Maximum Power/Machining Time For Maximum Power)^(1/Taylor's Tool Life Exponent For Maximum Power))*Taylor's Tool Life Exponent For Maximum Power/(1-Taylor's Tool Life Exponent For Maximum Power))+1)*Machining Time For Maximum Power) to calculate the Maximum Machining And Operating Rate, The Machining Rate given Machining Cost for Maximum Power with limited Cutting Speed is a way to determine the maximum expense rate that can be afforded on machines and operators when based on the expense it took to machine a single component. Maximum Machining And Operating Rate is denoted by Mmax symbol.

How to calculate Machining Rate given Machining Cost for Maximum Power with limited Cutting Speed using this online calculator? To use this online calculator for Machining Rate given Machining Cost for Maximum Power with limited Cutting Speed, enter Machining And Operating Cost of Each Product (Cm), Machining Rate For Maximum Power (tmc), Machining Time For Maximum Power (tmp) & Taylor's Tool Life Exponent For Maximum Power (nmax) and hit the calculate button. Here is how the Machining Rate given Machining Cost for Maximum Power with limited Cutting Speed calculation can be explained with given input values -> 0.009034 = 0.963225/(((((53.13/48.9250002)^(1/0.540789))*0.540789/(1-0.540789))+1)*48.9250002).

FAQ

What is Machining Rate given Machining Cost for Maximum Power with limited Cutting Speed?
The Machining Rate given Machining Cost for Maximum Power with limited Cutting Speed is a way to determine the maximum expense rate that can be afforded on machines and operators when based on the expense it took to machine a single component and is represented as Mmax = Cm/(((((tmc/tmp)^(1/nmax))*nmax/(1-nmax))+1)*tmp) or Maximum Machining And Operating Rate = Machining And Operating Cost of Each Product/(((((Machining Rate For Maximum Power/Machining Time For Maximum Power)^(1/Taylor's Tool Life Exponent For Maximum Power))*Taylor's Tool Life Exponent For Maximum Power/(1-Taylor's Tool Life Exponent For Maximum Power))+1)*Machining Time For Maximum Power). Machining And Operating Cost of Each Product is the total amount of money required to machine a single product, Machining Rate For Maximum Power is the rate for processing when the workpiece is machined to obtain the minimum cost of Machining such that the power is maximum, Machining Time For Maximum Power is the time for processing when the workpiece is machined under maximum power conditions & Taylor's Tool Life Exponent For Maximum Power is an experimental exponent that helps in quantifying the rate of tool wear such that the power is maximum.
How to calculate Machining Rate given Machining Cost for Maximum Power with limited Cutting Speed?
The Machining Rate given Machining Cost for Maximum Power with limited Cutting Speed is a way to determine the maximum expense rate that can be afforded on machines and operators when based on the expense it took to machine a single component is calculated using Maximum Machining And Operating Rate = Machining And Operating Cost of Each Product/(((((Machining Rate For Maximum Power/Machining Time For Maximum Power)^(1/Taylor's Tool Life Exponent For Maximum Power))*Taylor's Tool Life Exponent For Maximum Power/(1-Taylor's Tool Life Exponent For Maximum Power))+1)*Machining Time For Maximum Power). To calculate Machining Rate given Machining Cost for Maximum Power with limited Cutting Speed, you need Machining And Operating Cost of Each Product (Cm), Machining Rate For Maximum Power (tmc), Machining Time For Maximum Power (tmp) & Taylor's Tool Life Exponent For Maximum Power (nmax). With our tool, you need to enter the respective value for Machining And Operating Cost of Each Product, Machining Rate For Maximum Power, Machining Time For Maximum Power & Taylor's Tool Life Exponent For Maximum Power 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 Maximum Machining And Operating Rate?
In this formula, Maximum Machining And Operating Rate uses Machining And Operating Cost of Each Product, Machining Rate For Maximum Power, Machining Time For Maximum Power & Taylor's Tool Life Exponent For Maximum Power. We can use 1 other way(s) to calculate the same, which is/are as follows -
  • Maximum Machining And Operating Rate = ((Machining And Operating Cost of Each Product/Machining Time For Maximum Power)-(Time Proportion of Cutting Edge Engagement*Cost of A Tool/Tool Life))/((Time Proportion of Cutting Edge Engagement*Time to Change One Tool For Maximum Power/Tool Life)+1)
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