Analytical estimating, Operation Management

Assignment Help:

Analytical Estimating

This technique  of work measurement  is used  to determine the  time  values for jobs  having  long and  non repetitive  operations. The time  values  are determine  by using  synthetic  data  or on the basis of  the past experience of the work study  engineer  when no synthetic  or standard data  is available. It is  essential that the estimator  must have  adequate experiences of estimating motion  study time study and the use of standard data  ( or  synthesizes time  standards.)

Procedure or Analytical Estimating

The various steps involves are:

1. Find out  the job details  such as job  dimension standard procedure  to do  the job  and the  job  conditions  such as poor illumination high  temperature, hazardous environments  available  of  jigs  fixture  or tools  etc,

2. Break the job  in to its elements,

3. Select  time   values  from the standard  data catalogue for as many  elements  as possible ( i ,e, use   synthetic  data  wherever available)

4. Estimate  the time  values  for the remaining  elements ( for which synthetic data is not available )from  past  knowledge and experience,

5.  Add the time  values obtained by steps ( 3)and (4)  to get the total  basic or normal time for  100%  rating.)

6. Add the  appropriate  blanket relaxation allowance ( say  10% to 20 %  of total normal  or basic time) note that  in analytical estimating, the  relaxation allowance  is not added to time  values  of individual elements. The  blanket relaxation allowance depends on the type of the  job  and the job conditions .

7. Add any  other allowance  if applicable to arrive  at the  standard time  for the given job.

Advantages of  Analytical  Estimating Technique

a. Offers  the same  advantages enjoyed b  synthesis  method,

b. Helps  in planning  and scheduling the  production,

c. Provides  a basis  for  fixing the  labor rate for  non  repetitive jobs.

d. Steps  to improve labor  control.


Related Discussions:- Analytical estimating

Explain always better control analysis of inventory control, Explain Always...

Explain Always Better Control analysis of inventory control. ABC Analysis of Inventory Control: ABC analysis is the extensively used approach for classifying the inventories

Management as a process, Management as a process Much has been written...

Management as a process Much has been written of management as a process of 'getting things done through people', but the seminal work was that of the French engineer and indu

Explain organizational culture serves in organizations, Organizational cult...

Organizational culture serves what purpose in organizations?

What helps ups to achieve its business objective, How the web site helps UP...

How the web site helps UPS to achieve its business objective?

Who was the founder of scientific management, Who was the founder of Scient...

Who was the founder of Scientific Management? Ans: The founder of Scientific Management is F.W. Taylor.

Explain greatest amount of flexibility possible, To meet investor objective...

To meet investor objectives, management seeks to do which of the following in its present operations as well as shift investment from areas with declining returns to those where im

Define management practices increasing government regulation, How do you th...

How do you think management practices might change in response to increasing government regulation in the banking and health care industries?

Explain cars tend to break down at the rate of two per hour, During the cam...

During the campus Spring Fling, the bumper car amusement attraction has a problem of cars becoming disabled and in need of repair. Repair personnel can be hired at the rate of $20

Explain improving operations, What would you recommend to the company if th...

What would you recommend to the company if they asked you to advise them in improving their operations?

Define the term total quality management in short, Define the term total qu...

Define the term total quality management in short. Total quality management (TQM): Total quality management is the procedure of embracing a quality conscious philosophy o

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd