Tool Changing Time for each Tool given Production Cost per Component Calculator

✖Production Cost of Each Component is the total amount that it takes to produce a single component from scratch.ⓘ Production Cost of Each Component [C_p]			+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 [M]			+10% -10%
✖Non-Productive Time is the total time wasted in setting up the machine or workpiece for a particular process.ⓘ Non-Productive Time [NPT]			+10% -10%
✖Constant For Machining Condition can be regarded as the distance moved by the tool corner relative to the workpiece during a particular machining condition. It is usually measured in Metre.ⓘ Constant For Machining Condition [K]			+10% -10%
✖The Cutting Velocity is the tangential velocity at the periphery of the cutter or workpiece (whichever is rotating).ⓘ Cutting Velocity [V]			+10% -10%
✖Reference Tool Life is the tool life of the tool obtained in the reference machining condition.ⓘ Reference Tool Life [L_ref]			+10% -10%
✖Reference Cutting Velocity is the cutting velocity of the tool used in the reference machining condition.ⓘ Reference Cutting Velocity [V_ref]			+10% -10%
✖Taylors Tool Life Exponent is an experimental exponent that helps in quantifying the rate of tool wear.ⓘ Taylors Tool Life Exponent [n]			+10% -10%
✖The Cost of A Tool is simply the cost of one tool being used for machining.ⓘ Cost of A Tool [C_t]			+10% -10%

✖Time to Change One Tool is the measure of time it takes to change one tool during machining.ⓘ Tool Changing Time for each Tool given Production Cost per Component [t_c]

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Tool Changing Time for each Tool given Production Cost per Component Solution

STEP 0: Pre-Calculation Summary

Formula Used

Time to Change One Tool = (((Production Cost of Each Component-Machining And Operating Rate*(Non-Productive Time+Constant For Machining Condition/Cutting Velocity))/((Constant For Machining Condition/(Reference Tool Life*Reference Cutting Velocity^(1/Taylors Tool Life Exponent)))*(Cutting Velocity^((1-Taylors Tool Life Exponent)/Taylors Tool Life Exponent))))-Cost of A Tool)/Machining And Operating Rate
t_c = (((C_p-M*(NPT+K/V))/((K/(L_ref*V_ref^(1/n)))*(V^((1-n)/n))))-C_t)/M
This formula uses 10 Variables

Variables Used

Time to Change One Tool - (Measured in Second) - Time to Change One Tool is the measure of time it takes to change one tool during machining.
Production Cost of Each Component - Production Cost of Each Component is the total amount that it takes to produce a single component from scratch.
Machining And Operating Rate - Machining And Operating Rate is the money charged for processing on and operating machines per unit time, including overheads.
Non-Productive Time - (Measured in Second) - Non-Productive Time is the total time wasted in setting up the machine or workpiece for a particular process.
Constant For Machining Condition - (Measured in Meter) - Constant For Machining Condition can be regarded as the distance moved by the tool corner relative to the workpiece during a particular machining condition. It is usually measured in Metre.
Cutting Velocity - (Measured in Meter per Second) - The Cutting Velocity is the tangential velocity at the periphery of the cutter or workpiece (whichever is rotating).
Reference Tool Life - (Measured in Second) - Reference Tool Life is the tool life of the tool obtained in the reference machining condition.
Reference Cutting Velocity - (Measured in Meter per Second) - Reference Cutting Velocity is the cutting velocity of the tool used in the reference machining condition.
Taylors Tool Life Exponent - Taylors Tool Life Exponent is an experimental exponent that helps in quantifying the rate of tool wear.
Cost of A Tool - The Cost of A Tool is simply the cost of one tool being used for machining.

STEP 1: Convert Input(s) to Base Unit

Production Cost of Each Component: 5.655323 --> No Conversion Required
Machining And Operating Rate: 0.00283 --> No Conversion Required
Non-Productive Time: 20 Minute --> 1200 Second (Check conversion here)
Constant For Machining Condition: 203.0681 Meter --> 203.0681 Meter No Conversion Required
Cutting Velocity: 0.28 Meter per Second --> 0.28 Meter per Second No Conversion Required
Reference Tool Life: 2 Minute --> 120 Second (Check conversion here)
Reference Cutting Velocity: 0.76 Meter per Second --> 0.76 Meter per Second No Conversion Required
Taylors Tool Life Exponent: 0.125 --> No Conversion Required
Cost of A Tool: 100 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

t_c = (((C_p-M*(NPT+K/V))/((K/(L_ref*V_ref^(1/n)))*(V^((1-n)/n))))-C_t)/M --> (((5.655323-0.00283*(1200+203.0681/0.28))/((203.0681/(120*0.76^(1/0.125)))*(0.28^((1-0.125)/0.125))))-100)/0.00283

Evaluating ... ...

t_c = 299.905208788255

STEP 3: Convert Result to Output's Unit

299.905208788255 Second -->4.99842014647091 Minute (Check conversion here)

FINAL ANSWER

4.99842014647091 ≈ 4.99842 Minute <-- Time to Change One Tool

(Calculation completed in 00.004 seconds)

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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!

< Production Cost per Component Calculators

Machining and Operating Rate given Production Cost per Component

LaTeX Go Machining And Operating Rate = (Production Cost of Each Component-((Constant For Machining Condition/(Reference Tool Life*Reference Cutting Velocity^(1/Taylors Tool Life Exponent)))*(Cost of A Tool)*(Cutting Velocity^((1-Taylors Tool Life Exponent)/Taylors Tool Life Exponent))))/(Non-Productive Time+Constant For Machining Condition/Cutting Velocity+(Constant For Machining Condition/(Reference Tool Life*Reference Cutting Velocity^(1/Taylors Tool Life Exponent)))*Time to Change One Tool*(Cutting Velocity^((1-Taylors Tool Life Exponent)/Taylors Tool Life Exponent)))

Production Cost per Component in Constant-Cutting-Speed, Rough-Machining Operation

LaTeX Go Production Cost of Each Component = Machining And Operating Rate*(Non-Productive Time+Constant For Machining Condition/Cutting Velocity)+(Constant For Machining Condition/(Reference Tool Life*Reference Cutting Velocity^(1/Taylors Tool Life Exponent)))*(Machining And Operating Rate*Time to Change One Tool+Cost of A Tool)*(Cutting Velocity^((1-Taylors Tool Life Exponent)/Taylors Tool Life Exponent))

Nonproductive Time given Production Cost per Component

LaTeX Go Setup Time = (Production Cost of Each Component-((Machining And Operating Rate*Constant For Machining Condition/Cutting Velocity)+(Constant For Machining Condition*((Cutting Velocity/Reference Cutting Velocity)^(1/Taylors Tool Life Exponent))*(Machining And Operating Rate*Time to Change One Tool+Cost of A Tool)/(Reference Tool Life*Cutting Velocity))))/Machining And Operating Rate

Production Cost per Component for Constant-Speed-Rough-Machining given Tool Changing Cost

LaTeX Go Production Cost of Each Component = Machining And Operating Rate*(Non-Productive Time+Constant For Machining Condition/Cutting Velocity)+(Constant For Machining Condition/(Reference Tool Life*Reference Cutting Velocity^(1/Taylors Tool Life Exponent)))*(Cost of Changing Each Tool+Cost of A Tool)*(Cutting Velocity^((1-Taylors Tool Life Exponent)/Taylors Tool Life Exponent))

Tool Changing Time for each Tool given Production Cost per Component Formula

LaTeX Go

Significance of Total Tool Changing Time

The Total Tool Changing Time denotes the time being spent on an important but non-profitable process that is changing the Machining tool. This results in extra cost factors being accounted for as the operators are usually waged per hour or day. It is preferred that the Total Tool Changing Time in a Production Line is low so as there is a low expense on these non-profitable tasks.

How to Calculate Tool Changing Time for each Tool given Production Cost per Component?

Tool Changing Time for each Tool given Production Cost per Component calculator uses Time to Change One Tool = (((Production Cost of Each Component-Machining And Operating Rate*(Non-Productive Time+Constant For Machining Condition/Cutting Velocity))/((Constant For Machining Condition/(Reference Tool Life*Reference Cutting Velocity^(1/Taylors Tool Life Exponent)))*(Cutting Velocity^((1-Taylors Tool Life Exponent)/Taylors Tool Life Exponent))))-Cost of A Tool)/Machining And Operating Rate to calculate the Time to Change One Tool, The Tool Changing Time for each Tool given Production Cost per Component is a method to determine the maximum time that can be spared on each tool to be spent for changing based on the average expense to produce 1 component. Time to Change One Tool is denoted by t_c symbol.

How to calculate Tool Changing Time for each Tool given Production Cost per Component using this online calculator? To use this online calculator for Tool Changing Time for each Tool given Production Cost per Component, enter Production Cost of Each Component (C_p), Machining And Operating Rate (M), Non-Productive Time (NPT), Constant For Machining Condition (K), Cutting Velocity (V), Reference Tool Life (L_ref), Reference Cutting Velocity (V_ref), Taylors Tool Life Exponent (n) & Cost of A Tool (C_t) and hit the calculate button. Here is how the Tool Changing Time for each Tool given Production Cost per Component calculation can be explained with given input values -> 0.083307 = (((5.655323-0.00283*(1200+203.0681/0.28))/((203.0681/(120*0.76^(1/0.125)))*(0.28^((1-0.125)/0.125))))-100)/0.00283.

FAQ

What is Tool Changing Time for each Tool given Production Cost per Component?

The Tool Changing Time for each Tool given Production Cost per Component is a method to determine the maximum time that can be spared on each tool to be spent for changing based on the average expense to produce 1 component and is represented as t_c = (((C_p-M*(NPT+K/V))/((K/(L_ref*V_ref^(1/n)))*(V^((1-n)/n))))-C_t)/M or Time to Change One Tool = (((Production Cost of Each Component-Machining And Operating Rate*(Non-Productive Time+Constant For Machining Condition/Cutting Velocity))/((Constant For Machining Condition/(Reference Tool Life*Reference Cutting Velocity^(1/Taylors Tool Life Exponent)))*(Cutting Velocity^((1-Taylors Tool Life Exponent)/Taylors Tool Life Exponent))))-Cost of A Tool)/Machining And Operating Rate. Production Cost of Each Component is the total amount that it takes to produce a single component from scratch, Machining And Operating Rate is the money charged for processing on and operating machines per unit time, including overheads, Non-Productive Time is the total time wasted in setting up the machine or workpiece for a particular process, Constant For Machining Condition can be regarded as the distance moved by the tool corner relative to the workpiece during a particular machining condition. It is usually measured in Metre, The Cutting Velocity is the tangential velocity at the periphery of the cutter or workpiece (whichever is rotating), Reference Tool Life is the tool life of the tool obtained in the reference machining condition, Reference Cutting Velocity is the cutting velocity of the tool used in the reference machining condition, Taylors Tool Life Exponent is an experimental exponent that helps in quantifying the rate of tool wear & The Cost of A Tool is simply the cost of one tool being used for machining.

How to calculate Tool Changing Time for each Tool given Production Cost per Component?

The Tool Changing Time for each Tool given Production Cost per Component is a method to determine the maximum time that can be spared on each tool to be spent for changing based on the average expense to produce 1 component is calculated using Time to Change One Tool = (((Production Cost of Each Component-Machining And Operating Rate*(Non-Productive Time+Constant For Machining Condition/Cutting Velocity))/((Constant For Machining Condition/(Reference Tool Life*Reference Cutting Velocity^(1/Taylors Tool Life Exponent)))*(Cutting Velocity^((1-Taylors Tool Life Exponent)/Taylors Tool Life Exponent))))-Cost of A Tool)/Machining And Operating Rate. To calculate Tool Changing Time for each Tool given Production Cost per Component, you need Production Cost of Each Component (C_p), Machining And Operating Rate (M), Non-Productive Time (NPT), Constant For Machining Condition (K), Cutting Velocity (V), Reference Tool Life (L_ref), Reference Cutting Velocity (V_ref), Taylors Tool Life Exponent (n) & Cost of A Tool (C_t). With our tool, you need to enter the respective value for Production Cost of Each Component, Machining And Operating Rate, Non-Productive Time, Constant For Machining Condition, Cutting Velocity, Reference Tool Life, Reference Cutting Velocity, Taylors Tool Life Exponent & Cost of A Tool and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.

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