After reading this article you will learn about:- 1. Need for Improvement of Plant Layout 2. Work Simplification Study for the Improvement of Plant Layout 3. Procedure. Need for Improvement of Plant Layout: Layout of an existing plant may have to be revised and improved with alterations and additions deemed necessary in keeping pace with trend of technological and competitive [...]
This article throws light upon the ten main factors which determine the location of an industry. The factors are: 1. Availability of Raw Materials 2. Proximity to Markets 3. Transport Facilities 4. Motive Power and Fuel 5. Availability of Labour 6. Financial Facilities 7. Climatic Factors 8. Historical and Personal Factors 9. State Assistance 10. Early Start. Factor # 1. [...]
Selection of the site for an industrial plant is governed by many considerations, both the economic analysis of the costs as well as judgment as to the modifying effects of other factors. First, the costs of land, labour, materials, taxes, heat, light and power should be calculated and the costs of marketing from that place should be estimated. Then the [...]