FormulaDen logo
FormulaDen.com
Search
Physics Chemistry Math Chemical Engineering Civil Electrical Electronics Electronics and Instrumentation Materials Science Mechanical Production Engineering Financial Health
Fx Copy
LaTeX Copy
Tool Cost is the amount of money spend on the purchase, maintenance and changing of tools. Check FAQs
TC=Cg+(CtNg)
TC - Tool Cost?Cg - Cost of Grinding?Ct - Cost of A Tool?Ng - Average Number of Regrinds Possible?

Estimated Tool Costs for Re-grindable Tool Example

With values
With units
Only example

Here is how the Estimated Tool Costs for Re-grindable Tool equation looks like with Values.

Here is how the Estimated Tool Costs for Re-grindable Tool equation looks like with Units.

Here is how the Estimated Tool Costs for Re-grindable Tool equation looks like.

200Edit=180Edit+(80Edit4Edit)
Solution
Copy
Reset
Share
You are here -
HomeIcon Home » Category Engineering » Category Production Engineering » Category Metal Machining » fx Estimated Tool Costs for Re-grindable Tool

Estimated Tool Costs for Re-grindable Tool Solution

Follow our step by step solution on how to calculate Estimated Tool Costs for Re-grindable Tool?

FIRST Step Consider the formula
TC=Cg+(CtNg)
Next Step Substitute values of Variables
∴ TC=180+(804)
Next Step Prepare to Evaluate
∴ TC=180+(804)
LAST Step Evaluate
∴TC=200

Estimated Tool Costs for Re-grindable Tool Formula Elements

Variables
Tool Cost
Tool Cost is the amount of money spend on the purchase, maintenance and changing of tools.
Symbol: TC
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Formulas to find Tool CostOpen Variable
Cost of Grinding
Cost of Grinding is the amount spent on grinding of a given tool.
Symbol: Cg
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Formulas to find Cost of GrindingOpen Variable
Cost of A Tool
The Cost of A Tool is simply the cost of one tool being used for machining.
Symbol: Ct
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Formulas to find Cost of A ToolOpen Variable
Average Number of Regrinds Possible
Average Number of Regrinds Possible is the number of times a tool is supposed to be grindable to give a sharp edge.
Symbol: Ng
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Formulas to find Average Number of Regrinds PossibleOpen Variable

Credits

Creator Image
Created by Kumar Siddhant LinkedIn Logo
Indian Institute of Information Technology, Design and Manufacturing (IIITDM), Jabalpur
Kumar Siddhant has created this Formula and 400+ more formulas!
Verifier Image
Verified by Parul Keshav LinkedIn Logo
National Institute of Technology (NIT), Srinagar
Parul Keshav has verified this Formula and 400+ more formulas!

Other Formulas to find Tool Cost

​Go Estimated Tool Costs for Disposable-Insert Tool
TC=(CiCEavg)+(ChCEhl)

Other formulas in Estimation Cost category

​Go Operator's Overhead Percentage given Machining and Operating Rate
%opt=((M-(Mt⋅100+%mach100))⋅100Wo)-100
​Go Machine Overhead Percentage given Machining and Operating Rate
%mach=((M-(Wo⋅100+%opt100))⋅100Mt)-100
​Go Operator's Wage Rate given Machining and Operating Rate
Wo=(M-(Mt⋅100+%mach100))⋅100100+%opt
​Go Machining and Operating Rate
M=(Wo⋅100+%opt100)+(Mt⋅100+%mach100)

How to Evaluate Estimated Tool Costs for Re-grindable Tool?

Estimated Tool Costs for Re-grindable Tool evaluator uses Tool Cost = Cost of Grinding+(Cost of A Tool/Average Number of Regrinds Possible) to evaluate the Tool Cost, The Estimated Tool Costs for Re-grindable Tool is the estimated cost required to provide a sharp tool for machining operation. Tool Cost is denoted by TC symbol.

How to evaluate Estimated Tool Costs for Re-grindable Tool using this online evaluator? To use this online evaluator for Estimated Tool Costs for Re-grindable Tool, enter Cost of Grinding (Cg), Cost of A Tool (Ct) & Average Number of Regrinds Possible (Ng) and hit the calculate button.

FAQs on Estimated Tool Costs for Re-grindable Tool

What is the formula to find Estimated Tool Costs for Re-grindable Tool?
The formula of Estimated Tool Costs for Re-grindable Tool is expressed as Tool Cost = Cost of Grinding+(Cost of A Tool/Average Number of Regrinds Possible). Here is an example- 200 = 180+(80/4).
How to calculate Estimated Tool Costs for Re-grindable Tool?
With Cost of Grinding (Cg), Cost of A Tool (Ct) & Average Number of Regrinds Possible (Ng) we can find Estimated Tool Costs for Re-grindable Tool using the formula - Tool Cost = Cost of Grinding+(Cost of A Tool/Average Number of Regrinds Possible).
What are the other ways to Calculate Tool Cost?
Here are the different ways to Calculate Tool Cost-
  • Tool Cost=(Cost of Insert/Average Number of Cutting Edges Used Per Insert)+(Cost of The Holder/Cutting Edges Used During Life of Holder)OpenImg
© 2024-2025. Developed & Maintained by softUsvista Inc.
Copied!