Feasibility Study
When you're considering a bigger purchase and want to know before committing whether it will actually work in your production — and whether it makes financial sense.
Some projects look like a clear case in the presentation, but turn out to be much harder in practice. That's worth finding out before you commit — not once the equipment is already on the floor.
In a feasibility study, I look at the project honestly from two directions: does it work technically in your environment, and does it make financial sense. It might be a single machine, a new system, or connecting the ones you already have. At the end you get a straight answer on whether the project is worth doing, and a realistic sense of what it would take.