Standard Data
Developing an Effective Predetermined Time System
By James T.Kilgore
The need for an effective means to measure performance is essential for organizational success. Many companies, both large and small, now realize that it is no longer possible to compensate for inefficiency by raising the price of the end product. They have arrived also at the clear understanding that cost effectiveness and efficiency at all levels of the organization are extremely important in improving their profit picture. This is particularly true in the automobile industry, where competitive pressures have forced manufactures to explore methods of reducing the number of man hours required to assemble a vchicle.