Meaning and Definition of Time Study: When a customer wants to purchase some products, then he usually compares the prices with those of similar products, which are being manufactured by other producers. Therefore, to give competitive quotations, estimation of accurate labour cost is very essential as it has got large effect on the price. If the prices are higher, then, [...]
After reading this article you will learn about:- 1. Meaning of Automation 2. Types of Automation 3. Advantages 4. Disadvantages 5. Suitability. Meaning of Automation: The term 'Automation' is relatively new in the language of management and this word was first used at the Ford Motor Company in the late 1940. 'Automation' may be defined as "the moving of the [...]
After reading this article you will learn about the following things:- 1. Meaning of Motion Study 2. Aims (Objectives) of Motion Study 3. Procedure 4. Micromotion Method 5. Elements of Therbligs Process 6. Present Symbols 7. Cyclegraph and Chronocycle Graph 8. Principles 9. Tools and Techniques. Meaning of Motion Study: In this field, pioneering work was done by Frank B. [...]