What are the advantages of predetermined time standards, Ask an Expert

Management Studies

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.

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9529843

Have any Question?Write your Review or question?

Related Questions in Operation Management

You are the inventor of a new phone app that converts

You are the inventor of a new phone app that converts photographs into a Picasso painting. Your mathematical expertise has created an algorithm based on all of Picasso’s works that will covert any picture into a near per ...

Health care supply chain management gerald r ledlowkarl b

Health Care Supply Chain Management. Gerald R Ledlow/Karl B. Manrodt/ David E. Schott 1. Describe the concepts, theories and models of leadership presented in this chapter in the context of the healthcare supply chain. 2 ...

Format to followintroductiondefinitionsshow

Format to follow Introduction definitions, show understanding give examples to illustrate your answer - MENA region /business/ is higher level explain conclude cite sources if quoted - but not essential approx 250 words ...

Use the value chain as a framework to explain how a firm

Use the value chain as a framework to explain how a firm can achieve a competitive advantage of overall cost leadership. Discuss the skills and resources that foster cost leadership. Explain what organizational requireme ...

A identify three 3 financial strengths for facebook

A. Identify three (3) financial strengths for Facebook including one using a financial ratio. The strengths must be specific and actionable. B. Identify three (3) internal weaknesses that are not financial but represent ...

1 dorothy believes that managers are responsible for

1. Dorothy believes that managers are responsible for running a business ethically, even though being profitable is the primary concern. Which notion does Dorothy subscribe to? Profit Maximization Profit Governance Soldi ...

1 select an organization like a restaurant department store

1. Select an organization like a restaurant, department store or electronics store in a community context with which you are familiar. Analyze how it might pursue (a) a low-cost or (b) a differentiation strategy. (Approx ...

Signatures inc specializes in producing personalized

Signatures, Inc. specializes in producing personalized products for companies such as coffee mugs and pens with company logos. The company generates over $60 million in annual sales and has more than 300 employees. The c ...

Assignmentchoosing the right mentor is critical to ones

Assignment Choosing the "right" mentor is critical to one's long term success in life. Mentors assist us in determining what it takes to be successful in one's chosen vocation, academic program, or in reaching a short or ...

Engineering ethics coursecodes of ethics assignment1

Engineering Ethics Course Codes of Ethics Assignment 1. Identify one advantage and one disadvantage of a short code of ethics. 2. Identify one advantage and one disadvantage of a long code of ethics. 3. Create your own c ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert