Researchers who work on manufacturing hybrid composites have significant concerns about holistically optimizing more than one performance characteristic, as in the case of cost and quality optimization. They usually trade off one for the other. Hence, this study employed statistical tools and grey relational analyses (GRA) design to model and optimize the surface roughness and cutting force of Computer Numerical Control (CNC) machine settings to manufacture halloysite nanotube hybrid composite. In this paper, the GRA was able to address the multiple optimization complications by producing 0.6 mm depth of cut, 1500 rpm spindle speed, and 40 mmpm feed rate as the CNC machine settings for high-quality and low-cost hybrid composite. It was noticed that the mathematical and interaction modeling of surface roughness, cutting force, and grey relational grade (GRG) allowed different CNC machines to manufacture hybrid composites. This can assist researchers and production engineers of CNC machines. Variance analysis and delta statistical characteristics revealed that the depth of a cut is the most significant machine setting, with a contribution of 49.12%. This paper outlines the possible CNC machine settings for high-quality composite manufacturing. In future studies, it is recommended for researchers in the field of CNC machine manufacturing to consider the modeling analysis aspect of the optimization, which comprehensively provides the opportunity for the adjustment of CNC machines for better material performance, which has been lacking in the literature.