MakerBot Print is our newest print-prepration software, which supports native CAD files and STL assemblies,
allows you to interact with all your printers via the Cloud, and many other exciting new features.

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Sorry it is not behaving for you.

When I replicate your settings, I get an object with a total height of 53 mm.

I have revised the description to clarify that the external grip ring adds twice the wall thickness to the overall height of the object.