PAYBACK CALCULATION REFINEMENT OF INDUSTRIAL ROBOT APPLICATIONS
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F49777513%3A23210%2F23%3A43969595" target="_blank" >RIV/49777513:23210/23:43969595 - isvavai.cz</a>
Result on the web
<a href="https://www.mmscience.eu/journal/issues/october-2023/articles/payback-calculation-refinement-of-industrial-robot-applications" target="_blank" >https://www.mmscience.eu/journal/issues/october-2023/articles/payback-calculation-refinement-of-industrial-robot-applications</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.17973/MMSJ.2023_10_2023077" target="_blank" >10.17973/MMSJ.2023_10_2023077</a>
Alternative languages
Result language
angličtina
Original language name
PAYBACK CALCULATION REFINEMENT OF INDUSTRIAL ROBOT APPLICATIONS
Original language description
The paper focuses on describing and applying a refined method of investment payback calculation related to industrial robot applications. Industrial robots play an important role in modern manufacturing companies, therefore it is important to precisely determine the investment payback of robot applications. In the first part of the paper, we introduce payback calculation theory in general and the current approaches to payback calculation of robot applications in practice. Subsequently, we point out that current approaches seem insufficient due to tracking only a limited number of costs and savings. Subsequently, we attempt to identify all identifiable costs and savings related to robotic applications, then we present a refined method to determine the payback of robot applications more precisely. The method is then applied in a case study performed in an industrial enterprise. Finally, we evaluate how significantly this refined method differs from the calculation used in practice and these findings are summarised. © 2023, MM publishing Ltd.. All rights reserved.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
20301 - Mechanical engineering
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
MM Science Journal
ISSN
1803-1269
e-ISSN
1805-0476
Volume of the periodical
neuveden
Issue of the periodical within the volume
OCT 2023
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
8
Pages from-to
6785-6792
UT code for WoS article
001083762500001
EID of the result in the Scopus database
2-s2.0-85173875821