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A machinist calculator is a hand-held calculator programmed with built-in formulas making it easy and quick for machinists to establish speeds, feeds and time without guesswork or conversion charts. Formulas may include revolutions per minute (RPM), surface feet per minute (SFM), inches per minute (IPM), feed per tooth (FPT).
A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values. A problem with a cost overrun can be avoided with a credible, reliable, and accurate cost estimate. A cost ...
Cost engineering is "the engineering practice devoted to the management of project cost, involving such activities as estimating, cost control, cost forecasting, investment appraisal and risk analysis". [1] "Cost Engineers budget, plan and monitor investment projects. They seek the optimum balance between cost, quality and time requirements." [2]
A building estimator or cost estimator is an individual that quantifies the materials, labor, and equipment needed to complete a construction project. Building cost estimating can concern diverse forms of construction from residential properties to hi-rise and civil works.
Cutting speed may be defined as the rate at the workpiece surface, irrespective of the machining operation used. A cutting speed for mild steel of 100 ft/min is the same whether it is the speed of the cutter passing over the workpiece, such as in a turning operation, or the speed of the cutter moving past a workpiece, such as in a milling operation.
Cost engineering: practice devoted to the management of project cost, involving such activities as cost- and control- estimating, which is cost control and cost forecasting, investment appraisal, and risk analysis. [12] Value engineering: a systematic method to improve the "value" of goods or products and services by using an examination of ...
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CAM software automates the process of converting 3D models into tool paths, the route the multiaxis machine takes to mill a part (Fig. 1). This software takes into account the different parameters of the tool head (in the case of a CNC router, this would be the bit size), dimensions of the blank, and any constraints the machine may have.
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