This article throws light upon the the three main types of allowances provided to workers. The types are: 1. Process Allowances 2. Personal and Rest Allowances 3. Special Allowances Type # 1. Process Allowances: They are meant to compensate workers for the enforced idleness due to the character or nature of a process or an operation. If the idleness would [...]
After reading this article you will learn about systems concept and value analysis. Systems Concept: The society and the industry is more complex today than it was ever before. More and more persons are acquiring higher education and technical skills, newer materials and information’s are being rigged up and under such situations, rules of thumb cannot be highly relied upon. [...]
After reading this article you will learn about:- 1. Objectives of Plant Maintenance 2. Importance of Plant Maintenance 3. Types 4. Schedule 5. Standard Data 6. Some Recent Developments. Objectives of Plant Maintenance: (i) The objective of plant maintenance is to achieve minimum breakdown and to keep the plant in good working condition at the lowest possible cost. (ii) Machines [...]