Total cost (Ct)= metal cutting cost + tooling cost
\(\Rightarrow {C_t} = \frac{{18C}}{V} + \frac{{270C}}{{VT}}\)
Also VT0.25 = 150
\(\Rightarrow T = {\left( {\frac{{150}}{V}} \right)^{\frac{1}{{0.25}}}} = {\left( {\frac{{150}}{V}} \right)^4}\)
\(\therefore {C_t} = \frac{{18C}}{V} + \frac{{270C}}{{V{{\left( {\frac{{150}}{V}} \right)}^4}}}\)
\(\therefore {C_t} = \frac{{18C}}{V} + \frac{{270C{V^3}}}{{{{\left( {150} \right)}^4}}}\)
For minimum total cost \(\frac{{d{C_t}}}{{{d_v}}} = 0\)
\(\Rightarrow \frac{{ - 18C}}{{{V^2}}} + \frac{{270C}}{{{{150}^4}}} \times 3{V^2} = 0\)
\(\Rightarrow {V^4} = \frac{{{{150}^4} \times 18}}{{270 \times 3}}\)
∴ V = 57.91 m/min