Advantages of time study, Strategic Management

1. Output standards are easily convertible into labor costs per unit of output.

2. Output standards facilities scheduling and controlling the flow of production through the determination of numbers of machines and operators required to maintain production schedules and through balancing time production for the several time operations.

3. Output standards serve as yardsticks guiding managerial comparisons of actual and standard hourly production rations for each operator and each operator group. These reports enable the supervisor to identify substandard workers so that they may be brought up to standard production efficiency.

4. Time studies may be taken for checking operator complaints about tight rates.

5. Output standards also facilitate evaluation of machine capacities a know ledge of which aids plant engineers in selecting replacement machines for purchase and use.

6. During a time study the engineer may note inconsistencies in methods or motion sequences used by individual operators leading to retraining recommendations. The men involved may then more easily attain standard output status.

7. Observation during a time study may enable the engineer to suggest further improvement s in work methods and work place layout.

Posted Date: 3/19/2013 5:50:37 AM | Location : United States

Related Discussions:- Advantages of time study, Assignment Help, Ask Question on Advantages of time study, Get Answer, Expert's Help, Advantages of time study Discussions

Write discussion on Advantages of time study
Your posts are moderated
Related Questions
A customer has engaged your software development company to develop a new order-processing system. However, the time frames are very tight and inflexible for delivery of at least t

Q. Dynamic performance management process? The beyond budgeting approach should lead to  A more dynamic performance management process that will enable organisations

If in a given year a company spends $2 million on new product development, design, and engineering for its entry-level camera line; $4 million on new product development, design, a

what makes costco''s a distnghished and well reputed retail brand?

Question: (a) Describe the concept of virtual organisation. (b) ‘It is critical for an organisation to attain congruence between its strategy and organisational structure

Tangy spices Ltd, the countries’ biggest spices marketer has decided to launch a hostile bid for Italy’s major spice marketer Chilliano. This is a rare case of an Indian company ma

Question 1: "Strategic Corporate Social Responsibility executed well is effective Corporate Social Responsibility". What are the essential elements to take into account in o

Q. Describe about Interest cover? Interest cover =   (Profit before interest and tax (PBIT)/ Interest payable)            (no. of times) Interest cover shows the safety of e