What settings recommended?

I plan to make a hamper armchair from 1inch oak appleply. Expensive material, will need some time to cut several pieces. So there is little time / place for experiments. Will use a 1/8 inch compression bit, 1 inch cutting length.

What are the recommendations for the cut settings, i.e. spindle speed, cutting speed / -depth etc? Any good recommendations? I use easel pro.

TY!