Material Price p1 given Material Cost Ratio Calculator

✖The Cross-Sectional Area of Material 2 is the area of cross section of a material say steel member.ⓘ Cross-Sectional Area of Material 2 [A₂]			+10% -10%
✖Material Cost p2 is the material price per unit weight. It is the cost of materials used to manufacture a product or provide a service.ⓘ Material Cost p2 [P₂]			+10% -10%
✖Relative Cost is the cost of a good or service in relation to the prices of other goods and services.ⓘ Relative Cost [C2_/C1]			+10% -10%
✖The Cross-Sectional area of Material 1 is the area of cross section of a material say steel member.ⓘ Cross-Sectional Area of Material 1 [A₁]			+10% -10%

✖Material Cost p1 is the material price per unit weight. It is the cost of materials used to manufacture a product or provide a service.ⓘ Material Price p1 given Material Cost Ratio [P₁]

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Material Price p1 given Material Cost Ratio Solution

STEP 0: Pre-Calculation Summary

Formula Used

Material Cost p1 = (Cross-Sectional Area of Material 2*Material Cost p2)/(Relative Cost*Cross-Sectional Area of Material 1)
P₁ = (A₂*P₂)/(C2_/C1*A₁)
This formula uses 5 Variables

Variables Used

Material Cost p1 - Material Cost p1 is the material price per unit weight. It is the cost of materials used to manufacture a product or provide a service.
Cross-Sectional Area of Material 2 - (Measured in Square Meter) - The Cross-Sectional Area of Material 2 is the area of cross section of a material say steel member.
Material Cost p2 - Material Cost p2 is the material price per unit weight. It is the cost of materials used to manufacture a product or provide a service.
Relative Cost - Relative Cost is the cost of a good or service in relation to the prices of other goods and services.
Cross-Sectional Area of Material 1 - (Measured in Square Meter) - The Cross-Sectional area of Material 1 is the area of cross section of a material say steel member.

STEP 1: Convert Input(s) to Base Unit

Cross-Sectional Area of Material 2: 720000 Square Millimeter --> 0.72 Square Meter (Check conversion here)
Material Cost p2: 25 --> No Conversion Required
Relative Cost: 0.9011 --> No Conversion Required
Cross-Sectional Area of Material 1: 600000 Square Millimeter --> 0.6 Square Meter (Check conversion here)

STEP 2: Evaluate Formula

Substituting Input Values in Formula

P₁ = (A₂*P₂)/(C2_/C1*A₁) --> (0.72*25)/(0.9011*0.6)

Evaluating ... ...

P₁ = 33.2926423260459

STEP 3: Convert Result to Output's Unit

33.2926423260459 --> No Conversion Required

FINAL ANSWER

33.2926423260459 ≈ 33.29264 <-- Material Cost p1

(Calculation completed in 00.004 seconds)

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National Institute of Technology (NIT), Warangal

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< Economical Structural Steel Calculators

Cross-Sectional Area1 given Material Cost Ratio

LaTeX Go Cross-Sectional Area of Material 1 = (Cross-Sectional Area of Material 2*Material Cost p2)/(Relative Cost*Material Cost p1)

Material Price p1 given Material Cost Ratio

LaTeX Go Material Cost p1 = (Cross-Sectional Area of Material 2*Material Cost p2)/(Relative Cost*Cross-Sectional Area of Material 1)

Material Cost Ratio

LaTeX Go Relative Cost = (Cross-Sectional Area of Material 2/Cross-Sectional Area of Material 1)*(Material Cost p2/Material Cost p1)

Cross-Sectional Area2 given Material Cost Ratio

LaTeX Go Cross-Sectional Area of Material 2 = (Relative Cost*Cross-Sectional Area of Material 1*Material Cost p1)/Material Cost p2

Material Price p1 given Material Cost Ratio Formula

LaTeX Go

Material Cost p1 = (Cross-Sectional Area of Material 2*Material Cost p2)/(Relative Cost*Cross-Sectional Area of Material 1)
P₁ = (A₂*P₂)/(C2_/C1*A₁)

What is Material Cost Ratio?

The Material Cost Ratio can be defined as the relative cost based on cross-sectional areas and prices of material.

How to Calculate Material Price p1 given Material Cost Ratio?

Material Price p1 given Material Cost Ratio calculator uses Material Cost p1 = (Cross-Sectional Area of Material 2*Material Cost p2)/(Relative Cost*Cross-Sectional Area of Material 1) to calculate the Material Cost p1, The Material Price p1 given Material Cost Ratio formula is defined as the material prices per unit weight. Material Cost p1 is denoted by P₁ symbol.

How to calculate Material Price p1 given Material Cost Ratio using this online calculator? To use this online calculator for Material Price p1 given Material Cost Ratio, enter Cross-Sectional Area of Material 2 (A₂), Material Cost p2 (P₂), Relative Cost (C2_/C1) & Cross-Sectional Area of Material 1 (A₁) and hit the calculate button. Here is how the Material Price p1 given Material Cost Ratio calculation can be explained with given input values -> 25.99653 = (0.72*25)/(0.9011*0.6).

FAQ

What is Material Price p1 given Material Cost Ratio?

The Material Price p1 given Material Cost Ratio formula is defined as the material prices per unit weight and is represented as P₁ = (A₂*P₂)/(C2_/C1*A₁) or Material Cost p1 = (Cross-Sectional Area of Material 2*Material Cost p2)/(Relative Cost*Cross-Sectional Area of Material 1). The Cross-Sectional Area of Material 2 is the area of cross section of a material say steel member, Material Cost p2 is the material price per unit weight. It is the cost of materials used to manufacture a product or provide a service, Relative Cost is the cost of a good or service in relation to the prices of other goods and services & The Cross-Sectional area of Material 1 is the area of cross section of a material say steel member.

How to calculate Material Price p1 given Material Cost Ratio?

The Material Price p1 given Material Cost Ratio formula is defined as the material prices per unit weight is calculated using Material Cost p1 = (Cross-Sectional Area of Material 2*Material Cost p2)/(Relative Cost*Cross-Sectional Area of Material 1). To calculate Material Price p1 given Material Cost Ratio, you need Cross-Sectional Area of Material 2 (A₂), Material Cost p2 (P₂), Relative Cost (C2_/C1) & Cross-Sectional Area of Material 1 (A₁). With our tool, you need to enter the respective value for Cross-Sectional Area of Material 2, Material Cost p2, Relative Cost & Cross-Sectional Area of Material 1 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 Material Cost p1?

In this formula, Material Cost p1 uses Cross-Sectional Area of Material 2, Material Cost p2, Relative Cost & Cross-Sectional Area of Material 1. We can use 1 other way(s) to calculate the same, which is/are as follows -

Material Cost p1 = ((Yield Stress 1/Yield Stress 2)*Material Cost p2)/Relative Cost

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