Economy

Economics of machining – cutting time, tool changing time, idle time

Idea of metal cutting or machining economics is explained here. Various time and cost elements and their optimization. Actual cutting time, tool changing time, idle time, overall machining time and cost, their mathematical modeling, etc. are discussed here. Read details…


Optimum velocity & tool life for maximum production rate

Optimum velocity and optimum tool life for maximum production rate in machining economics are explained here. Various time and cost elements, Gilbert’s Model of Machining Economics are fully derived here. Mathematical formulas are given here. Read details…


Optimum velocity & tool life for minimum production cost

Optimum velocity and optimum tool life for minimum production cost in machining economics are explained here. Various time and cost elements, Gilbert’s Model of Machining Economics are fully derived here. Mathematical formulas are given here. Read details…