How to Calculate Machining and Operating Rate if cost of changing tool is also considered?
Machining and Operating Rate if cost of changing tool is also considered calculator uses Machining and Operating Rate = ((Cost of a Tool+Cost of changing each Tool)/Time to Change One Tool)*((1-Taylor's Tool Life Exponent)/(2*Taylor's Tool Life Exponent-1)) to calculate the Machining and Operating Rate, The Machining and Operating Rate if cost of changing tool is also considered is a method to determine the maximum expense rate that can be afforded on machines and operators such that the Total Production Cost is Minimum in reference to the Tool Life. Machining and Operating Rate is denoted by M symbol.
How to calculate Machining and Operating Rate if cost of changing tool is also considered using this online calculator? To use this online calculator for Machining and Operating Rate if cost of changing tool is also considered, enter Cost of a Tool (Ct), Cost of changing each Tool (CCT), Time to Change One Tool (tc) & Taylor's Tool Life Exponent (n) and hit the calculate button. Here is how the Machining and Operating Rate if cost of changing tool is also considered calculation can be explained with given input values -> 6.25 = ((100+25)/90)*((1-0.55)/(2*0.55-1)).