Material Price p2 given Material Cost Ratio Solution

STEP 0: Pre-Calculation Summary
Formula Used
Material Cost p2 = (Relative Cost*Material Cost p1*Cross-Sectional Area of Material 1)/Cross-Sectional Area of Material 2
P2 = (C2/C1*P1*A1)/A2
This formula uses 5 Variables
Variables Used
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.
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 1 - (Measured in Square Meter) - The Cross-Sectional area of Material 1 is the area of cross section of a material say steel member.
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.
STEP 1: Convert Input(s) to Base Unit
Relative Cost: 0.9011 --> No Conversion Required
Material Cost p1: 26 --> No Conversion Required
Cross-Sectional Area of Material 1: 600000 Square Millimeter --> 0.6 Square Meter (Check conversion ​here)
Cross-Sectional Area of Material 2: 720000 Square Millimeter --> 0.72 Square Meter (Check conversion ​here)
STEP 2: Evaluate Formula
Substituting Input Values in Formula
P2 = (C2/C1*P1*A1)/A2 --> (0.9011*26*0.6)/0.72
Evaluating ... ...
P2 = 19.5238333333333
STEP 3: Convert Result to Output's Unit
19.5238333333333 --> No Conversion Required
FINAL ANSWER
19.5238333333333 19.52383 <-- Material Cost p2
(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 p2 given Material Cost Ratio Formula

​LaTeX ​Go
Material Cost p2 = (Relative Cost*Material Cost p1*Cross-Sectional Area of Material 1)/Cross-Sectional Area of Material 2
P2 = (C2/C1*P1*A1)/A2

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 p2 given Material Cost Ratio?

Material Price p2 given Material Cost Ratio calculator uses Material Cost p2 = (Relative Cost*Material Cost p1*Cross-Sectional Area of Material 1)/Cross-Sectional Area of Material 2 to calculate the Material Cost p2, The Material Price p2 given Material Cost Ratio can be defined as the material prices per unit weight. Material Cost p2 is denoted by P2 symbol.

How to calculate Material Price p2 given Material Cost Ratio using this online calculator? To use this online calculator for Material Price p2 given Material Cost Ratio, enter Relative Cost (C2/C1), Material Cost p1 (P1), Cross-Sectional Area of Material 1 (A1) & Cross-Sectional Area of Material 2 (A2) and hit the calculate button. Here is how the Material Price p2 given Material Cost Ratio calculation can be explained with given input values -> 25.00333 = (0.9011*26*0.6)/0.72.

FAQ

What is Material Price p2 given Material Cost Ratio?
The Material Price p2 given Material Cost Ratio can be defined as the material prices per unit weight and is represented as P2 = (C2/C1*P1*A1)/A2 or Material Cost p2 = (Relative Cost*Material Cost p1*Cross-Sectional Area of Material 1)/Cross-Sectional Area of Material 2. Relative Cost is the cost of a good or service in relation to the prices of other goods and services, 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, The Cross-Sectional area of Material 1 is the area of cross section of a material say steel member & The Cross-Sectional Area of Material 2 is the area of cross section of a material say steel member.
How to calculate Material Price p2 given Material Cost Ratio?
The Material Price p2 given Material Cost Ratio can be defined as the material prices per unit weight is calculated using Material Cost p2 = (Relative Cost*Material Cost p1*Cross-Sectional Area of Material 1)/Cross-Sectional Area of Material 2. To calculate Material Price p2 given Material Cost Ratio, you need Relative Cost (C2/C1), Material Cost p1 (P1), Cross-Sectional Area of Material 1 (A1) & Cross-Sectional Area of Material 2 (A2). With our tool, you need to enter the respective value for Relative Cost, Material Cost p1, Cross-Sectional Area of Material 1 & Cross-Sectional Area of Material 2 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 p2?
In this formula, Material Cost p2 uses Relative Cost, Material Cost p1, Cross-Sectional Area of Material 1 & Cross-Sectional Area of Material 2. We can use 1 other way(s) to calculate the same, which is/are as follows -
  • Material Cost p2 = (Relative Cost*Material Cost p1)/(Yield Stress 1/Yield Stress 2)
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