Economics of Multitool Lathe Operations

[+] Author and Article Information
E. M. McCullough

Materials Engineering Department, Deere & Company, Moline, Ill.

J. Eng. Ind 85(4), 402-404 (Nov 01, 1963) (3 pages) doi:10.1115/1.3669908 History: Received August 07, 1962; Online December 09, 2011


The formulas for calculation of tool life for maximum production rate and tool life for minimum cost are expanded to include multitool operations and cases in which the total cycle time controlled by the spindle speed is greater than the cutting time. A modification is made to avoid use of conventional overhead rates, which are shown to be invalid in this instance.

Copyright © 1963 by ASME
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