Robot time and cost management in the application to multiple production processes

Abstract

Typically, a manufacturing company will only consider the implementation of a robot to a production process if the annual product volume is high enough to ensure a high utilization of the robot and therefore an acceptable return on the investment. In particular, small and medium-sized enterprises (SMEs) often lack the production volumes, for each individual product or product family that they manufacture, that would justify the procurement of a robot using the traditional criterion.