AISI 1050 Alloy has a Wide Range of Applications and were Subjected to Machining Operations. the Purpose of the Study is to Find the Optimum Input Plain Turning Process Parameters at Three Levels, Using L18 Orthogonal Array and Grey Relation Analysis; and to Investigate the Mechanical and Microscopic Properties of the AISI 1050 Alloy before (untreated, UT) and after Annealing (AN) (heat-Treatment, HT) Process. the Results of Conducted Experiments Revealed the Optimum Process Parameters as Following for the Untreated Specimens: Spindle Speed at 3500 r.p.m., Feed 0.08 Mm/rev, Depth of Cut at 0.6 Mm, Insert Corner Radius at 4mm, and Cutting Fluid Concentration at 12 %, are the most Optimum Conditions to Obtain Minimum Power Consumption for the Untreated Specimens. whereas, a Spindle Speed at 3500 r.p.m., Feed at 0.08 Mm/rev, Depth of Cut at 0.6mm, Insert Corner Radius at 4 Mm, and Cutting Fluid Concentration at 12 % are the Optimum Parameter Values for the Treated Specimens.