Standard time (manufacturing)
- Standard time (manufacturing)
In business efficiency studies, Standard Time (an Industrial Engineering term) is the time required for a person to complete a task or operation at a defined rate of working. It includes appropriate allowances to allow the person to recover from fatigue and, where necessary, an additional allowance to cover contingent elements which may occur but have not been observed.
Method of calculation
The Standard Time is the product of three factors:
# Observed Time - The time required to complete the task.
# Rating Factor - The pace the person is working at. 90% is working slower than normal, 110% is working faster than normal, 100% is normal. This factor is calculated by an Industrial Engineer trained to observe and determine the rating.
# PFD Allowance - Personal, Fatigue, and Delay Allowances. These include factors such as: Are the workers standing all day? Are they working in a cold environment? Do they have to wear safety equipment?
The Standard Time can then be calculated by using:
Standard Time = (Observed Time)(Rating Factor)+(Observed Time)(Rating Factor)(PFD Allowance)
Wikimedia Foundation.
2010.
Look at other dictionaries:
time — Except as otherwise specifically provided, any reference to time shall mean local Chicago time. Chicago Mercantile Exchange Glossary * * * time time [taɪm] noun 1. [uncountable] the quantity that is measured in minutes, hours, years etc using… … Financial and business terms
Standard data model — A standard data model is a data model that is widely applied in some industry, and shared amongst competitors to some degree. They are often defined by database vendors or operating system vendors and thus used by default whether suitable for a… … Wikipedia
Manufacturing resource planning — (or MRP2) Around 1980, over frequent changes in sales forecasts, entailing continual readjustments in production, as well as the unsuitability of the parameters fixed by the system, led MRP (Material Requirement Planning) to evolve into a new… … Wikipedia
Manufacturing execution system — Manufacturing Execution Systems (MES), are information technology systems that manage manufacturing operations in factories. Over the years, international standards and models have refined the scope of such systems in terms of activities, that… … Wikipedia
Manufacturing Message Specification — (MMS) is an international standard (ISO 9506) dealing with messaging system for transferring real time process data and supervisory control information between networked devices and/or computer applications. The standard is developed and… … Wikipedia
Standard Oil — Création 1870 Disparition 1911 Fondateurs John D. Rockefeller Personnages clés John D. Rockefeller Henry M. Flagler … Wikipédia en Français
Standard Oil — Infobox Company company name = Standard Oil company company type = Ohio Corporation (1870 1882), Business Trust (1882 1892), New Jersey Holding Company (1899 1911) [cite web |url=http://www.bgsu.edu/departments/acs/1890s/rockefeller/bio2.htm… … Wikipedia
Standard cell — For the battery used as a voltage reference, see Weston cell. In semiconductor design, standard cell methodology is a method of designing Application Specific Integrated Circuits (ASICs) with mostly digital logic features. Standard cell… … Wikipedia
Manufacturing in Mexico — Mexico has a rich history of domestic and multinational manufacturing. Manufacturing in Mexico grew rapidly in the late 1960s with the end of the US farm labor agreement known as the bracero program. This sent many unskilled farm laborers back… … Wikipedia
Standard RAID levels — The standard RAID levels are a basic set of RAID configurations and employ striping, mirroring, or parity.The standard RAID levels can be nested for other benefits ( see Nested RAID levels ). Concatenation (SPAN) The controller treats each drive… … Wikipedia
