Fully Plastic Failure
If the material is so tough that the yielded region ahead of the crack extends to the far edge of the specimen before fracture, the crack is no longer an effective stress concentrator. Instead, the presence of the crack merely serves to reduce the load-bearing area. In this regime the failure stress is conventionally assumed to be the average of the yield and ultimate strengths of the material.
Read more about this topic: Fracture Mechanics
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