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Question
What are the uses of time standards?
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Answers
Various uses of time standards are:
Wage incentive plans and plant layout
Plant capacity studies and production planning and control
Standard costs and budgetary control
Cost reduction activities and product design
Tool design and top-management controls
Equipment selection and bidding for new business
Machine loading and effective labor utilization
Material-handling studies Your Comment
Wage incentive plans and plant layout
Plant capacity studies and production planning and control
Standard costs and budgetary control
Cost reduction activities and product design
Tool design and top-management controls
Equipment selection and bidding for new business
Machine loading and effective labor utilization
Material-handling studies Your Comment
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