Production Standards Important Definition Advantages Demerits
Meaning of Production Standards Production measure is a criterion or yardstick or benchmark. It is used for measure the production of the company. Production standards are fixed for raw materials, production process, tools in addition to equipment, workers, weather condition of work, speed of work, quantity of output, character of output, etc. Production standards are to a greater extent than oftentimes than non expressed inwards quantitative terms. That is, it is expressed inwards terms of units of output, units of time, kilograms, flora capacity, thus on. Production standards give administration in addition to guidance to the production department. It is also used for controlling the production activities. That is, the actual production tin last compared amongst the production standards, in addition to the divergence tin last found out in addition to corrected. It is a signal of reference. It helps to uncovering out whether the function was done as per plan. Image credits © Pr...