Taylor's Exponent for Minimum Machining Cost per component Calculator

✖Machining Time for Minimum Cost is the time for processing when the workpiece is machined to obtain the minimum cost of Machining.ⓘ Machining Time for Minimum Cost [t_min]			+10% -10%
✖Machining and Operating Rate is the money charged for processing on and operating machines per unit time, including overheads.ⓘ Machining and Operating Rate [R]			+10% -10%
✖Machining and Operating Cost of Each Product is the total amount of money required to machine a single product.ⓘ Machining and Operating Cost of Each Product [C_m]			+10% -10%

✖Taylor's Tool Life Exponent is an experimental exponent that helps in quantifying the rate of Tool Wear.ⓘ Taylor's Exponent for Minimum Machining Cost per component [n]

⎘ Copy

👎

Formula

✖

Taylor's Exponent for Minimum Machining Cost per component

Formula

n = 1 - (t min \cdot \frac{R}{C m})

Example

0.125 = 1 - (581.3125 s \cdot \frac{7}{4650.5})

Calculator

LaTeX

Reset

👍

Download Production Engineering Formula PDF PDF Image

Taylor's Exponent for Minimum Machining Cost per component Solution

STEP 0: Pre-Calculation Summary

Formula Used

Taylor's Tool Life Exponent = 1-(Machining Time for Minimum Cost*Machining and Operating Rate/Machining and Operating Cost of Each Product)
n = 1-(t_min*R/C_m)
This formula uses 4 Variables

Variables Used

Taylor's Tool Life Exponent - Taylor's Tool Life Exponent is an experimental exponent that helps in quantifying the rate of Tool Wear.
Machining Time for Minimum Cost - (Measured in Second) - Machining Time for Minimum Cost is the time for processing when the workpiece is machined to obtain the minimum cost of Machining.
Machining and Operating Rate - Machining and Operating Rate is the 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.

STEP 1: Convert Input(s) to Base Unit

Machining Time for Minimum Cost: 581.3125 Second --> 581.3125 Second No Conversion Required
Machining and Operating Rate: 7 --> No Conversion Required
Machining and Operating Cost of Each Product: 4650.5 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

n = 1-(t_min*R/C_m) --> 1-(581.3125*7/4650.5)

Evaluating ... ...

n = 0.125

STEP 3: Convert Result to Output's Unit

0.125 --> No Conversion Required

FINAL ANSWER

0.125 <-- Taylor's Tool Life Exponent

(Calculation completed in 00.004 seconds)

You are here -

Home » Engineering » Production Engineering » Metal Machining » Metal Machining Economics » Production Cost » Minimum Machining Cost » Taylor's Exponent for Minimum Machining Cost per component

Credits

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

Parul Keshav has verified this Calculator and 400+ more calculators!

< Minimum Machining Cost Calculators

Machining and Operating Rate given Minimum Production Cost

Go Machining and Operating Rate = Production Cost of Each Component/(Setup Time+(Constant For Machining Condition*((Tool Life/Reference Tool Life)^Taylor's Tool Life Exponent)/(Reference Cutting Velocity*(1-Taylor's Tool Life Exponent))))

Minimum Production Cost per Component

Go Production Cost of Each Component = Machining and Operating Rate*(Setup Time+(Constant For Machining Condition*((Tool Life/Reference Tool Life)^Taylor's Tool Life Exponent)/(Reference Cutting Velocity*(1-Taylor's Tool Life Exponent))))

Non-Productive Time per component given Minimum Production Cost

Go Setup Time = Production Cost of Each Component/Machining and Operating Rate-(Constant For Machining Condition*((Tool Life/Reference Tool Life)^Taylor's Tool Life Exponent)/(Reference Cutting Velocity*(1-Taylor's Tool Life Exponent)))

Constant for Machining Operation given Minimum Production Cost

Go Constant For Machining Condition = (Production Cost of Each Component/Machining and Operating Rate-Setup Time)*Reference Cutting Velocity*(1-Taylor's Tool Life Exponent)/((Tool Life/Reference Tool Life)^Taylor's Tool Life Exponent)

Taylor's Exponent for Minimum Machining Cost per component Formula

Taylor's Tool Life Exponent = 1-(Machining Time for Minimum Cost*Machining and Operating Rate/Machining and Operating Cost of Each Product)
n = 1-(t_min*R/C_m)

What is Tool Life ?

Tool life is defined as the time period between two successive grinding of tools and two successive replacement of tools. It is a measure of time or a number of products a single tool can keep machining without restoring its sharpness.

How to Calculate Taylor's Exponent for Minimum Machining Cost per component?

Taylor's Exponent for Minimum Machining Cost per component calculator uses Taylor's Tool Life Exponent = 1-(Machining Time for Minimum Cost*Machining and Operating Rate/Machining and Operating Cost of Each Product) to calculate the Taylor's Tool Life Exponent, Taylor's Exponent for Minimum Machining Cost per component is a way to determine the experimental exponent of tool life for the machining Tool when machining is done at the minimum cost possible. Taylor's Tool Life Exponent is denoted by n symbol.

How to calculate Taylor's Exponent for Minimum Machining Cost per component using this online calculator? To use this online calculator for Taylor's Exponent for Minimum Machining Cost per component, enter Machining Time for Minimum Cost (t_min), Machining and Operating Rate (R) & Machining and Operating Cost of Each Product (C_m) and hit the calculate button. Here is how the Taylor's Exponent for Minimum Machining Cost per component calculation can be explained with given input values -> 0.932265 = 1-(581.3125*7/4650.5).

FAQ

What is Taylor's Exponent for Minimum Machining Cost per component?

Taylor's Exponent for Minimum Machining Cost per component is a way to determine the experimental exponent of tool life for the machining Tool when machining is done at the minimum cost possible and is represented as n = 1-(t_min*R/C_m) or Taylor's Tool Life Exponent = 1-(Machining Time for Minimum Cost*Machining and Operating Rate/Machining and Operating Cost of Each Product). Machining Time for Minimum Cost is the time for processing when the workpiece is machined to obtain the minimum cost of Machining, Machining and Operating Rate is the money charged for processing on and operating machines per unit time, including overheads & Machining and Operating Cost of Each Product is the total amount of money required to machine a single product.

How to calculate Taylor's Exponent for Minimum Machining Cost per component?

Taylor's Exponent for Minimum Machining Cost per component is a way to determine the experimental exponent of tool life for the machining Tool when machining is done at the minimum cost possible is calculated using Taylor's Tool Life Exponent = 1-(Machining Time for Minimum Cost*Machining and Operating Rate/Machining and Operating Cost of Each Product). To calculate Taylor's Exponent for Minimum Machining Cost per component, you need Machining Time for Minimum Cost (t_min), Machining and Operating Rate (R) & Machining and Operating Cost of Each Product (C_m). With our tool, you need to enter the respective value for Machining Time for Minimum Cost, Machining and Operating Rate & Machining and Operating Cost of Each Product 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 Taylor's Tool Life Exponent?

In this formula, Taylor's Tool Life Exponent uses Machining Time for Minimum Cost, Machining and Operating Rate & Machining and Operating Cost of Each Product. We can use 1 other way(s) to calculate the same, which is/are as follows -

Taylor's Tool Life Exponent = ((Time to Change One Tool+(Cost of a Tool/Machining and Operating Rate))*Time Proportion)/(Tool Life+((Time to Change One Tool+(Cost of a Tool/Machining and Operating Rate))*Time Proportion))

Home

FREE PDFs

🔍 Search