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In an era of exceptional digital computation and immense indulgence in the theoretical behavior of sheet metal during its manufacturing process, the simulation of sheet metal forming becomes the most feasible and viable option for every OEM to consider this prior to its manufacturing. This paper contains a methodology for using an optimizing tool like Hyper Study to get the best formed part by incorporating forming benchmarked parameters like FLD (forming limit diagram), percentage thinning and plastic strains as responses by building up expressions among various variables and thus optimizing the forming process parameters like blank holding pressure, sliding friction, and Draw bead restraining force effectively to meet the formability requirements. This would reduce the time and effort of a forming engineer to reiterate among these parameters to get the desired result effortlessly.