Chapter4: Economic Evaluation In Health Care
Section: Chapter Questions
Problem 7QAP
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Question
22.21 Explain the economic impact of the trend shown in
Fig. 22.6.

Transcribed Image Text:100
Carbon steel
26
High-speed steel
Cast cobalt-based alloys
15
Cemented carbides
Improved carbide grades
First coated grades
3
1.5
1
0.7
0.5
First double-coated grades
First triple-coated grades
Functionally graded triple-coated
Optimižed material
combinations
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2010
FIGURE 22.6 Relative time required to machine with various cutting-tool marerials, indi-
cating the year the tool materials were first introduced; note that machining time has been
reduced by two orders of magnitude within a 100 years. Source: Courtesy of Sandvik.
Machining time (min)
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