The problem involves Taylor's tool life equation, which describes the relationship between cutting speed (V) and tool life (T) as:
$VT^n = C$
where 'n' is the exponent and 'C' is a constant.
Let the initial cutting speed be $V_1$ and the initial tool life be $T_1$. The equation is:
$V_1 T_1^n = C \quad (1)$
According to the problem:
The equation for the new conditions is:
$V_2 T_2^n = C \quad (2)$
Equating the two conditions (since C is constant):
$V_1 T_1^n = V_2 T_2^n$
Substitute the values of $V_2$ and $T_2$:
$V_1 T_1^n = (2V_1) \left(\frac{1}{8}T_1\right)^n$
Simplify the equation:
$V_1 T_1^n = 2V_1 \frac{1}{8^n} T_1^n$
Divide both sides by $V_1 T_1^n$ (assuming $V_1 \neq 0$ and $T_1 \neq 0$):
$1 = 2 \times \frac{1}{8^n}$
$1 = \frac{2}{8^n}$
Rearrange to solve for $8^n$:
$8^n = 2$
Express 8 as a power of 2 ($8 = 2^3$):
$(2^3)^n = 2^1$
$2^{3n} = 2^1$
Equate the exponents:
$3n = 1$
Solve for 'n':
$n = \frac{1}{3}$
Therefore, the exponent 'n' in Taylor's tool life equation is $\frac{1}{3}$.