Usage of The Standard Time
Time times for all operations are known.
- Staffing (or workforce planning): the number of workers required cannot accurately be determined unless the time required to process the existing work is known.
- Line balancing (or production leveling): the correct number of workstations for optimum work flow depends on the processing time, or standard, at each workstation.
- Materials requirement planning (MRP): MRP systems cannot operate properly without accurate work standards.
- System simulation: simulation models cannot accurately simulate operation unless times for all operations are known.
- Wage payment: comparing expected performance with actual performance requires the use of work standards.
- Cost accounting: work standards are necessary for determining not only the labor component of costs, but also the correct allocation of production costs to specific products.
- Employee evaluation: in order to assess whether individual employees are performing as well as they should, a performance standard is necessary against which to measure the level of performance.
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