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RESEARCH PAPERS

Machining Economics and Tool Life Variation—Part 1: Basic Considerations and their Practical Implications

[+] Author and Article Information
R. Levi, S. Rossetto

Politecnico di Torino, Torino, Italy

J. Eng. Ind 100(4), 393-396 (Nov 01, 1978) (4 pages) doi:10.1115/1.3439450 History: Received June 27, 1977; Online July 15, 2010

Abstract

The joint distributions of economic parameters corresponding to “optimum” conditions (minimum cost, and maximum production rate), as affected by a single tool wear mechanism, are analyzed and the information process is examined using a Bayesian approach. Results obtained for an example show that even scanty experimental evidence may be profitably exploited. However, the size of confidence regions for parameters is quite large unless a very large amount of information is available.

Copyright © 1978 by ASME
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