Ask any 10 machinists about their favorite insert & you are guaranteed to get 10 different answers ... much like defining "pretty woman", there are lots of variables
Enter all the data above & the answer pops out
That chart is located in
Metal cutting theory and practice (By David A. Stephenson, John S. Agapiou)
About $140 at bookstores, available on inter-library loan.
As Fred mentions, there is a lot of excellent material available from vendors. Sandvik is probably THE best for documentation. KennaMetal has a lot of online info. Vic at Rani Tool worked in a shop for 20+ years & is good at selecting shapes & coatings. Cutting Tool Engineering has a wealth of information, sometimes techie but often useful:
http://www.cuttingtoolengineering.com/
Way back when, before eBay, carbide inserts were expensive & you got chewed out if you broke a corner at work. Now the manufacturers are hungry for business & give mill tooling & lathe tooling away for free if you commit to purchase enough inserts per year.
Information on inserts gets outdated rather quickly as new substrates are developed & as new coatings are brought to market. Coatings are the single biggest reason that inserts today can run at speeds & feeds that were thought impossible only 5 years ago.
Pick something that other people like, try that, add shapes as needed. Everybody want to settle on one shape & size, self included, but that's hard to do. Which is the reason that there are so many ANSI-ISO shapes.
