High RPM and Slow feedrate is not a good combination on wood. That WILL certainly burn the cutters.
There are tool calculations available to find the correct "chipload". The manufacturer will have some recommendations on chip load for the cutter.
When cutting there should be chips being made and not dust. Dust means heat is being generated.
I generally run my spindle 10,000 - 12,000 RPM and around 150-250 IPM. My machine is very solid and I can go much faster, but why? I like to be conservative.
Your machine may not be as solid, so the chipload calculations will need to be made to accommodate your machine
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