Tag Archives: robot purchases

TOTAL COST OF OWNERSHIP: KUKA ROBOTICS’ APPROACH TO ASSESSING THE VALUE OF ROBOTS

Kevin Gavin of KUKA Robotics Corporation says: “Calculating the total life cycle cost of a piece of equipment, such as a robot, is an effective approach that takes into consideration not only the initial cost, but also the production throughput and all costs associated with maintaining the robot to calculate its true cost. Gavin suggests

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