Justifying the Purchase of a Servo Driven Press Using Eight Principles of Improved Productivity, Flexibility and Quality, and Reduced Costs

"Because the servo drive provides the ability to control press slide velocity at any point in the stroke, we can significantly increase cycle rate while slowing slide velocity only during the working part of the stroke."

Okay, here's the issue faced by our hypothetical stamping-plant manager. Business levels are pretty good, and we've run out of press capacity. Management is on board with the idea of purchasing an additional press or presses to meet production requirements. When developing a budget to justify the investment, we reach a crossroads.