Tool Cost Assignment Help

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Tool Cost

The tool cost is made up of

(a) Tool change cost (TCC) or cost for indexing the insert

(b) Tool regrinding cost (TRC)

(c) Tool original cost (TOC)

(d) Tool inventory cost (TIC)

Equation 1

Total tool cost = TCC + TRC + TOC + TIC

Cutting Speed for Minimum Cost Tool Changing Cost per Edge
Tool Grinding Cost Per Edge Tool Inventory Cost
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