Payback Calculator This calculator show the potential savings and impact of implementing a robot vs manual labor in a manufacturing process. The results will be emailed to you showing the estimated payback in months, 1 year net gain, 3 year net gain and 5 year net gain. The values are an estimate and depend on the level of complexity with your application. Current Situation Calculate the current labor costs of your manufacturing process. Hours Per Shift 1 12 8 Shifts Per Day 1 3 2 Operators Per Shift 10 1 Hourly Labor Costs Per Hour $ Days of Operation /week Weeks of Operation /year Investment Calculate the cost of the initial investment. Select a Universal Robot Don't know which robot to choose? Start with the UR5! 33.5" reach plus 11lb capacity gives it the flexibility for many applications UR3 UR5 UR10 Gripper? Pneumatic Electric Robot Stand Yes No Level of Integration Simple or Complex Integration? (Download the ebook to learn more - link below) Simple Complex Current Yearly Running Costs $ 96,000 Total Investment $ 47,000 Payback Time Frame Months required to payback initial investment 5.9 Months 1 Year Net Gain $ 49,000 3 Year Net Gain $ 241,000 5 Year Net Gain $ 433,000 Do you want a similar calculator on your web? Sign up Free to Calculoid.com Product News Read More News Knotts Team Spotlight Turns to Maria Santiago How Cobots Are Helping Pharma/Life Science Companies During COVID-19 How Are Cobots Being Used in Pharma, Bio/Life Science Companies? Products Pneumatics Aluminum Extrusion Electric Actuators Conveyors Automation Components Robotics Drives & Motion Control Machine Safety Vacuum Pumps & Compressors Services Knotts Services 80/20 Assemblies Pneumatic Assemblies Programming Services Kitting Services Product Training Resources Quote Request CAD Resources Whitepapers Blog Contact The Knotts Company 350 Snyder Ave. PO Box 611 Berkeley Heights, NJ 07922 (908) 464-4800 (908) 464-7747 Fax Customer Service csdirect@knottsco.com Sales Solutions solutions@knottsco.com 80/20 Solutions 8020@knottsco.com Copyright © 2021 The Knotts Company Home Privacy Policy Terms & Conditions