What are the advantages of predetermined time standards, Operation Management

Assignment Help:

What are the advantages of predetermined time standards (PTS)? 

Answer: Quicker and cheaper than time study; likely to be more reliable; valuable for estimating new jobs; can be introduced at the start of a new job; particularly suitable for short runs; rating is incorporated. 

 


Related Discussions:- What are the advantages of predetermined time standards

Characterize the long run equilibrium, 1) characterize the long run equilib...

1) characterize the long run equilibrium of a perfectly competitive industry in which average costs are U-shaped as output increases, under both restricted and free entry. b)Discus

LOCATION STRATEGY, In what sequence would the jobs be ranked according to t...

In what sequence would the jobs be ranked according to the following decision rules

Explain what is the value of the coefficient, Forecasting 1. Briefly des...

Forecasting 1. Briefly describe when qualitative versus quantitative forecasting methods would be used? 2. Linear Regression. a. Describe what linear regression is and how

P, Eric johnson determines his costs to be as follows labor $10 dollars per...

Eric johnson determines his costs to be as follows labor $10 dollars per hour Resin $5 per pound cpital expense : 1% per month of investment show the percent change in productivi

Explain the different approaches to globalization strategies, 1) How does c...

1) How does corporate strategy differ from business strategy? Give me an example of each. 2) What are the "ups and downs" of a growth strategy? 3) Discuss the different appro

State the term capacity, State the term capacity. Capacity: It is...

State the term capacity. Capacity: It is the capability of an operation to do and produce. The maximum restriction to the volume of product or service an organisation can

Explain trade-offs among increased wages for unions, What are the trade-off...

What are the trade-offs among increased wages for unions, productivity effects and profitability effects on organizations?

Emba, How many stamping machines are required?

How many stamping machines are required?

Explain what impact did this have on team performance, In 100 words or less...

In 100 words or less, please describe a team situation, which has included the type of people you find it difficult to work with. What impact did this have on team performance? How

Explain for bill what an enterprise resource planning, Describe for Bill wh...

Describe for Bill what an Enterprise Resource Planning (ERP) solution would look like for his UMUC Pizza business and how his business could benefit from implementing an ERP soluti

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