by Tdarcos » Tue Feb 23, 2021 11:18 pm
This was inevitable once the cost dropped below the ROI (Return on Investment) figure for a reasonable number. For example, installing solar panels at a house produces a "break-even point" at seven years, but with reasonable maintenance, the panels will last twenty, meaning after seven years, your electricity cost is zero for the next 13 years.
So let's examine ROI for this robot.
Say installing sensors and retrofitting floors and elevators costs about a hundred grand. That is a fixed cost no matter how many robots you have. So lets say this robot will last 5 years. And costs $100,000. Let"s say your hotel can use 5 of them to replace ten bellhops. Minimum wage in Los Angeles is $10 an hour, with no reduction for tips paid by customers. So, during the day they can replace say, ten bellhops, and all of them at night (very few customers call for orders from 1—5 am) while most the time they"re recharging. To handle three shifts you might need 10 from 8—8. 5 from 8—midnight, and maybe 2 flom midnight to 8 am. Or 120+20+16 hours of labor a daay, or 156 person—hours a day. Typical overhead is 100% of salary, so human bellhops cost $3120 a day, or $1,138,800.
Let"s say these robots use $100 of electricity per unit. each month. And maintenance is $50,000 a year. This makes the initial invesrment $600,000 and first year cost $56,000, for initial cost of $656,000 meaning the robots pay for themselves in 7 months.. Saving about $400,000. And for the next four years they save rhe hotel over $1 million a year.
Now, I tried skewing rhe cost to make the robot look as expensive as possible, but the fact
remains, each full—time employee costs about $480 per day for a post needing 24-hour coverage, and $160 per 8-hour shift otherwise. That makes a 24-hour covered position cost $175,000 a year. If the net cost of a robot is significantly less. It makes sense ro go to automation.
As with the example of the house above, the only real drawback is the up—front costs, a homeowner might have to finance a $15—20,000 solar panel and cutover system, a hotel chain can afford to spend, say. $600,000 up front, then as the project pays for itself, convert more hotels over to automated guest sevices.
The next step is even more interesting: when you can use the on—screen menu on your TV set to order something and it"s able to pull it off the shelf and deliver it without a human ever seeing the order.
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Sent from a mobile tablet.
This was inevitable once the cost dropped below the ROI (Return on Investment) figure for a reasonable number. For example, installing solar panels at a house produces a "break-even point" at seven years, but with reasonable maintenance, the panels will last twenty, meaning after seven years, your electricity cost is zero for the next 13 years.
So let's examine ROI for this robot.
Say installing sensors and retrofitting floors and elevators costs about a hundred grand. That is a fixed cost no matter how many robots you have. So lets say this robot will last 5 years. And costs $100,000. Let"s say your hotel can use 5 of them to replace ten bellhops. Minimum wage in Los Angeles is $10 an hour, with no reduction for tips paid by customers. So, during the day they can replace say, ten bellhops, and all of them at night (very few customers call for orders from 1—5 am) while most the time they"re recharging. To handle three shifts you might need 10 from 8—8. 5 from 8—midnight, and maybe 2 flom midnight to 8 am. Or 120+20+16 hours of labor a daay, or 156 person—hours a day. Typical overhead is 100% of salary, so human bellhops cost $3120 a day, or $1,138,800.
Let"s say these robots use $100 of electricity per unit. each month. And maintenance is $50,000 a year. This makes the initial invesrment $600,000 and first year cost $56,000, for initial cost of $656,000 meaning the robots pay for themselves in 7 months.. Saving about $400,000. And for the next four years they save rhe hotel over $1 million a year.
Now, I tried skewing rhe cost to make the robot look as expensive as possible, but the fact
remains, each full—time employee costs about $480 per day for a post needing 24-hour coverage, and $160 per 8-hour shift otherwise. That makes a 24-hour covered position cost $175,000 a year. If the net cost of a robot is significantly less. It makes sense ro go to automation.
As with the example of the house above, the only real drawback is the up—front costs, a homeowner might have to finance a $15—20,000 solar panel and cutover system, a hotel chain can afford to spend, say. $600,000 up front, then as the project pays for itself, convert more hotels over to automated guest sevices.
The next step is even more interesting: when you can use the on—screen menu on your TV set to order something and it"s able to pull it off the shelf and deliver it [u]without a human ever seeing the order[/u].
- - - -
Sent from a mobile tablet.