Implementation and Robot Economics
Implementation and Robot Economics
Implementation and Robot Economics
ROBOT ECONOMICS
INTRODUCTION
TO RGV AND
AGVS
RGV (Rail Guided Vehicle)
RGV system constitutes of transportation rail, vehicles and controller. RGV
rail can be installed linear or circular.
Features
The AGV (IGV) system is widely used in three-dimensional storage systems and
flexible production lines. It is also the best choice for many manufacturing enterprises
to improve production efficiency and reduce production costs.
With the shift from mass production to mid-volume and mid-variety, flexible
They require not only machine flexibility but also material handling, storage,
installations.
AUTOMATED GUIDED
VEHICLES
Now-a-days, AGVS are versatile in nature and possess flexible material-handling
system.
path and makes correction if the vehicle strays from the path.
human operator.
The Guide Path : It guides the vehicle to move along the path.
Generally, used for large volumes (>1000 lb) and long moving distances
(>1000 feet).
Video 1
AGVS UNIT LOAD TRANSPORTERS
Video 2
AGVS PALLET TRUCKS
Normal operations carried out in pallet trucks are :
Video 3
AGVS FORKLIFT TRUCKS
An AGVS forklift truck has the capability to pick up and drop off palletized
loads both at floor level and on stands, and the pickup height can be different
from the drop-off height.
automatically. AGVS forklift trucks are one of the most expensive AGVS
types. Therefore, they are used in the case of full automation.
They are applied in handling small, light parts over a moderate distance and
Video 5
AGVS ASSEMBLY LINE VEHICLES
As the vehicle moves from one station to the next, succeeding assembly
operations are performed. After the loading of part onto the vehicle, the
vehicle moves to an assembly area and stops for assembly.
As the assembly process is completed, the operator releases the vehicle that
proceeds to the next part’s staging area for new parts. After that the vehicle
moves forward to the next assembly station. The process is repeated until the
final unloading station is reached.
Video 6
AGVS ASSEMBLY LINE VEHICLES
Main advantage
The AGVS assembly line is its lower expense and ease of installation
compared with “hard” assembly lines. The line can be easily reconfigured by
altering the guide path and by reprogramming. Variable speeds and dwell
intervals can be easily programmed into the system.
Video 6
ROUTING OF THE AGVS
AGVS routing means determining how the vehicle conforms the path and
The flow path design is one of the most important processes in the AGVS
design. Some of the important decisions involved in flow path design are:
path. The main advantage of AGVS guidance system is that the guide path can be
changed easily at low cost compared to the high cost of modifying fixed-path
equipment such as conveyors, chains, and tow lines. Many guidance systems are
available and their selection will depend on need, application, and environmental
constraints. Some of the familiar guidance systems are wire-guided guidance system,
optical guidance system, inertial guidance system, infrared guidance system, laser
guidance system, and teaching-type guidance system.
REQUIRED NUMBER OF AGVS
Tf = Traffic factor that accounts for blocking of vehicles and waiting of vehicles
in line and at intersection. If there is no congestion, the traffic factor is 1. However,
when more vehicles are involved, the traffic factor value will certainly be less than
1. Normally, Tf lies between 0.85 and 1.
v = Vehicle speed.
29
TYPE OF ROBOT INSTALLATION
• There are two basic categories of robot installation:
New application: Here we have to begin from the scratch. So we are in a need for
new facilities, and the robot installation is the only facility to satisfy that need. In
this case, the best alternative is selected after comparing various alternatives and
the selected alternative should meet the investment criteria of the firm.
Existing application: Here, the robot is employed as a substitute for the human
labour. In this scenario, the economic justification of the robot installation depends
on how inefficient and costly the manual method is, rather than the absolute merits
of the method.
• In either of these situations, certain basic cost information is needed in order to
perform the economic analysis.
Robot_economic analysis_Sivakumar_C 30
COST DATA REQUIRED FOR THE ANALYSIS
• The cost data required for the economic analysis involves the following:
Investment costs
Operating costs
Robot_economic analysis_Sivakumar_C 31
LIFE CYCLE OF CASH FLOW
Net Annual Cash flow (NACF) = Revenues – Operating cost
Robot_economic analysis_Sivakumar_C 32
METHODS OF ECONOMIC ANALYSIS
• The methods of economic analysis are listed below:
Robot_economic analysis_Sivakumar_C 33
PAYBACK PERIOD METHOD
Assumptions:
⚫ Most of the companies require a payback period of not more than two to three years.
Robot_economic analysis_Sivakumar_C 34
Ex1 – the total investment cost is estimated to be Rs. 1,00,000 for a
particular robot project. The total operating costs (labour,
maintenance, and other annual expenses) are expected to be Rs
20,000 per year and the anticipated revenue from the robot
installation are Rs. 65,000 annually. It is expected that the robot
project will have a service life of 5 years. Determine the payback
period that is expected of the investment.
Robot_economic analysis_Sivakumar_C 35
Sol: The net cash flow for the robot project is Rs 65,000
- Rs 20,000 = Rs. 45,000
Robot_economic analysis_Sivakumar_C 36
EUAC METHOD
• The equivalent uniform annual cost (EUAC) is the annual cost of owning an asset over
its entire life. Equivalent uniform annual cost is often used by firms for capital
budgeting decisions. Equivalent uniform annual cost is calculated as:
• This method converts all of the present, future investments and the cash flows into
their equivalent uniform cash flows over the anticipated life of the project. This is
accomplished by using various interest factors associated with engineering economic
calculations.
• When the company is to be started it must select the minimum attractive rate of return
(MARR). This is used to decide whether funding is to be made or not.
• If the sum of EUAC > 0 then the company is attractive. If the sum of EUAC < 0 then
the company is non attractive.
Robot_economic analysis_Sivakumar_C 37
EX2: In Ex 1 , the company uses a 30% MARR as a criterion for selecting its
investment projects. As mentioned in Ex 1 the robot project is expected to
have a 5-year service life and that is what we shall use in determining the
values for any interest factors required in our calculations.
Sol:
• The annual operating cost Rs 20,000 and the annual revenues Rs 65,000
are already expressed as uniform annual cash flows.
Robot_economic analysis_Sivakumar_C 38
• EUAC = 1,00,000 (A/P, 30%, 5) + 65,000-
20,000
• EUAC = -1,00,000(0.41058) + 45,000
• EUAC = +Rs. 3942
Robot_economic analysis_Sivakumar_C 39
ROI METHOD
• This method determines the rate of returns on the proposed work based on estimated
cost and revenues.
• To calculate ROI, the benefit (or return) of an investment is divided by the cost of the
investment, and the result is expressed as a percentage or a ratio.
• The return on investment formula:
• This rate of return is compared with company’s MARR to determine whether the
investment is justified or not.
Robot_economic analysis_Sivakumar_C 40