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Work Study and Value Analysis - Improving Productivity
By considering how work is carried out (method study) or considering alternative approaches using a cost-benefit analysis (value analysis) we can improve methods and reduce waste and increase productivity. Measuring work may also determine how many staff are needed and in turn affect decisions which determine not only the number of staff needed but also the introduction of automation.
Find and read the article listed below and then in a 3-4 page paper answer the following: Required Materials Aleda V Roth, Andy A Tsay, Madeleine E Pullman, John V Gray (2008, Jan)
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Examples of Productivity Measures Sales ($)/labour costs ($) Sales ($)/pay ($) Total value of sales (billed) ($)/labour costs($) + investment ($) Sales/salespeopl
Process Capability Index - Asymmetrical Positioning of the Process As stated earlier, the C p index assumes that the process mean is centred within the tolerance band, but, i
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