What is the meaning of ROI, and when does it apply to customers?
Submitted by: AdministratorROI stands for "Return on Investment". This is the amount your company will save by incorporating robots. A robotic system typically produces the same output as 4 welders. The annual savings (ROI) can be calculated as follows:
ROI = [(x + y) * 4 - z] * t
x = Hourly Rate of Welder
y = Equipment Cost Per Hour
z = Robotic System Cost Per Hour
t = 2080 Hours Per Year
Submitted by: Administrator
ROI = [(x + y) * 4 - z] * t
x = Hourly Rate of Welder
y = Equipment Cost Per Hour
z = Robotic System Cost Per Hour
t = 2080 Hours Per Year
Submitted by: Administrator
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