Tool life is the time a tool can be reliably be used for cutting before it must be discarded/repaired.
Some tools, such as lathe bits are regularly reground after use.
A tool life equation was developed by Taylor, and is outlined below,
An important relationship to be considered is the relationship
between cutting speed and tool life,
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Although the previous equation is fairly accurate, we can use
a more complete form of Taylor's tool life equation to include a wider range of cuts.
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