Some industrial robots carry out repetitive actions without variation, such as in typical ’pick and place’ applications. These actions are determined by programmed routines that specify the direction, velocity, acceleration, deceleration, and distance of a series of coordinated movements.
Industrial Robots are automatic devices, which to an extent simulate the human behavior or more specifically human activity. Robots are important part of the science of Automation. Automation involves machines and computers that are capable of learning and performing various types of operations. The word robot has been derived from the Czech word ”robota” meaning compulsory labor. The robots are used in industries to perform various functions like material handling, spot welding, spray painting, die casting, ironing, forging, assembly operations, palletizing, dispensing, testing, water jet cutting, picking and placing heavy goods etc.
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For companies to succeed, along with trying to create a fully employed economy, the biggest factor is cost efficiency. More and more companies rely on the cheapest alternative to produce outputs, in hopes of earning profits. Boston Consulting Group reports that it costs roughly $8 an hour to use a robot for spot welding in the auto industry, compared to $25 for a worker.
Using this image, a computer checks the seam’s consistency along its length. It accurately detects imperfections like profile variations and pores, which weaken the joint, and instructs a robotic burner to rework or repair seams if necessary.
The Forex money managers, traders or simply those previous employees from the currency trading wings develop complicated algorithms which make the task of reading the market a lot easier. They mix it with precious trader experience. All this cumulatively become an automated Forex robot.