LESSON 3: Importance and Uses of Time Study

Question 1

is one of the most important pieces of information produced in the manufacturing department.

Answer 1

Time standard

Question 2

is used to develop answers for the following problems

Answer 2

Time standard

Question 3

How many machines do we need?

Answer 3

The answer depends on two pieces of information:

Question 3

Time standard is used to develop answers for the following problems:

what are those problems:

Answer 3

*Determine the number of machine tools to buy
*Determine the number of production people to employ
*Determine the manufacturing cost and selling prices
*Schedule the machines, operations, and people to do the job and deliver in time with less inventory
*Determine the assembly line balance, determine the conveyor belt speed, load the work cells with the correct amount of work, and balance the work cells.
*Determine the individual worker performance and identify operations that are having problems so the problems can be solved.
*Pay incentive wages for outstanding team or individual performance.
*Evaluate cost reduction ideas and pick the most economical method based on cost analysis and opinion
*Evaluate new equipment purchases to justify their expense.
*Develop operation personnel budgets to measure the management performance.