Factor of safety result causing concern.

Hi,

I have been trying to simulate a physical tested clamp working safely under the load of 40KN with SWX simulation by the results value of this test is just freaking me.

I don't know what to do with it, where I am going wrong. I have simplified the model for simulation but still unable to get the safe results.

Looking forward for some desperate help. I have attached the model for further reference.

Thanks in advance,

Yash

SolidworksSimulation