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A 600 mm long job of diameter 150 mm of AISI 4140 steel is to be turned with a depth of cut of 1.5 mm and feed rate 0.25 mm/rev. The following data is applicable for the problem:
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Labour cost per hour = Rs. 12.00

Machine overhead per hour = Rs. 40.00

Grinding cost per hour = Rs. 15.00

Grinding machine overhead per hour = Rs. 50.00

ldle time = 5 minutes

Taylor's tool life equation is given by $\mathrm{VT}^{0.22}=475$

The operation can be carried out using tungsten …

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