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What do you mean by Line Balancing in management?
Line Balancing:
It means balancing the line among the product lines or assembly lines. This aims at grouping assists and workers in an efficient pattern so as to acquire optimum or most promising balance of the ability and flow of the production or assembly procedures. Tasks are grouped therefore their total time is preferably equivalent to or a little lesser than the time accessible at each work stations, hence reducing the idle time.
Each work station must have the similar operating time and the various operations must be sequenced appropriately. There must be perfect balance among output rates of the parts and the sub assemblies. Conversely, it is not, always possible which the parts reach into a steady stream instantly before sub-assembly. It may be due to the limitation as regards materials, men and equipments or this may be economical to manufacture and supply parts within batches. The flow control section has to cope along with these situations and therefore, carry big inventories and set up facilities for storage.
Line balancing problems can be solved by heuristics approach, dynamic programming and linear programming and by using computer process.
GIVE ME AN EXPAMPLE OF A PROJECT CHARTER.
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