January 2018
Intermediate to advanced
480 pages
236h 9m
English
book
Operations Management: Processes and Supply Chains, 12th Edition
by Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman
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Work Standards
Managers use work standards in the following ways:
Establishing Prices and Costs. Managers can use labor and machine time standards to develop costs for current and new products, create budgets, determine prices, and arrive at make-or-buy decisions.
Motivating Workers. Standards can be used to define a day’s work or to motivate workers to improve their performance. For example, under an incentive compensation plan, workers can earn a bonus for output that exceeds the standard.
Comparing Alternative Process Designs. Time standards can be used to compare different routings for an item and to evaluate new work methods and new equipment.
Scheduling. Managers need time standards to assign tasks to workers and machines in ways that effectively ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.