Relative Material Cost Ratio Calculator

✖Yield Stress 1 is a crucial material property that marks the transition from elastic behavior to plastic behavior.ⓘ Yield Stress 1 [F_y1]			+10% -10%
✖Yield Stress 2 is a crucial material property that marks the transition from elastic behavior to plastic behavior.ⓘ Yield Stress 2 [F_y2]			+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%
✖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 Cost p1 [P₁]			+10% -10%

✖Relative Cost is the cost of a good or service in relation to the prices of other goods and services.ⓘ Relative Material Cost Ratio [C2_/C1]

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Relative Material Cost Ratio Solution

STEP 0: Pre-Calculation Summary

Formula Used

Relative Cost = (Yield Stress 1/Yield Stress 2)*(Material Cost p2/Material Cost p1)
C2_/C1 = (F_y1/F_y2)*(P₂/P₁)
This formula uses 5 Variables

Variables Used

Relative Cost - Relative Cost is the cost of a good or service in relation to the prices of other goods and services.
Yield Stress 1 - (Measured in Pascal) - Yield Stress 1 is a crucial material property that marks the transition from elastic behavior to plastic behavior.
Yield Stress 2 - (Measured in Pascal) - Yield Stress 2 is a crucial material property that marks the transition from elastic behavior to plastic behavior.
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.
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.

STEP 1: Convert Input(s) to Base Unit

Yield Stress 1: 104 Newton per Square Meter --> 104 Pascal (Check conversion here)
Yield Stress 2: 125 Newton per Square Meter --> 125 Pascal (Check conversion here)
Material Cost p2: 25 --> No Conversion Required
Material Cost p1: 26 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

C2_/C1 = (F_y1/F_y2)*(P₂/P₁) --> (104/125)*(25/26)

Evaluating ... ...

C2_/C1 = 0.8

STEP 3: Convert Result to Output's Unit

0.8 --> No Conversion Required

FINAL ANSWER

0.8 <-- Relative Cost

(Calculation completed in 00.004 seconds)

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Created by Ayush Singh

Gautam Buddha University (GBU), Greater Noida

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Coorg institute of technology (CIT), Kodagu

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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

Relative Material Cost Ratio Formula

LaTeX Go

Relative Cost = (Yield Stress 1/Yield Stress 2)*(Material Cost p2/Material Cost p1)
C2_/C1 = (F_y1/F_y2)*(P₂/P₁)

What is Relative Material Cost Ratio?

If the members are designed to carry the same load at a stress that is a fixed percentage of the yield point, the cross-sectional areas are inversely proportional to the yield stresses. then, their relative material cost ratio is expressed.

How to Calculate Relative Material Cost Ratio?

Relative Material Cost Ratio calculator uses Relative Cost = (Yield Stress 1/Yield Stress 2)*(Material Cost p2/Material Cost p1) to calculate the Relative Cost, The Relative Material Cost Ratio formula is defined as the relative material cost when members are designed to carry the same load at a stress that is a fixed percentage of the yield point, then cross-sectional areas are inversely proportional to the yield stresses. Relative Cost is denoted by C2_/C1 symbol.

How to calculate Relative Material Cost Ratio using this online calculator? To use this online calculator for Relative Material Cost Ratio, enter Yield Stress 1 (F_y1), Yield Stress 2 (F_y2), Material Cost p2 (P₂) & Material Cost p1 (P₁) and hit the calculate button. Here is how the Relative Material Cost Ratio calculation can be explained with given input values -> 0.8 = (104/125)*(25/26).

FAQ

What is Relative Material Cost Ratio?

The Relative Material Cost Ratio formula is defined as the relative material cost when members are designed to carry the same load at a stress that is a fixed percentage of the yield point, then cross-sectional areas are inversely proportional to the yield stresses and is represented as C2_/C1 = (F_y1/F_y2)*(P₂/P₁) or Relative Cost = (Yield Stress 1/Yield Stress 2)*(Material Cost p2/Material Cost p1). Yield Stress 1 is a crucial material property that marks the transition from elastic behavior to plastic behavior, Yield Stress 2 is a crucial material property that marks the transition from elastic behavior to plastic behavior, 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 p1 is the material price per unit weight. It is the cost of materials used to manufacture a product or provide a service.

How to calculate Relative Material Cost Ratio?

The Relative Material Cost Ratio formula is defined as the relative material cost when members are designed to carry the same load at a stress that is a fixed percentage of the yield point, then cross-sectional areas are inversely proportional to the yield stresses is calculated using Relative Cost = (Yield Stress 1/Yield Stress 2)*(Material Cost p2/Material Cost p1). To calculate Relative Material Cost Ratio, you need Yield Stress 1 (F_y1), Yield Stress 2 (F_y2), Material Cost p2 (P₂) & Material Cost p1 (P₁). With our tool, you need to enter the respective value for Yield Stress 1, Yield Stress 2, Material Cost p2 & Material Cost p1 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 Relative Cost?

In this formula, Relative Cost uses Yield Stress 1, Yield Stress 2, Material Cost p2 & Material Cost p1. We can use 3 other way(s) to calculate the same, which is/are as follows -

Relative Cost = (Cross-Sectional Area of Material 2/Cross-Sectional Area of Material 1)*(Material Cost p2/Material Cost p1)
Relative Cost = (Material Cost p2/Material Cost p1)*(Yield Stress 1/Yield Stress 2)^(2/3)
Relative Cost = (Material Cost p2/Material Cost p1)*(Yield Stress 1/Yield Stress 2)^(1/2)

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