Machining is an essential process for finishing workpieces to desired dimensions and surface finish. A lathe allows for gradually removing excess material from a workpiece through cutting tools. Common lathe operations include turning, grooving, chamfering, parting, facing, and knurling. Taper turning can be done through methods like using a form tool, swiveling the compound rest, or a taper attachment. Thread cutting follows a helical path and involves engaging a half-nut to advance the tool.