ENTREPRENEURIAL OPERATIONS
PRODUCTION PLANNING AND CONTROL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The elimination of which of the following will improve industrial productivity
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Excess time
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Ineffective time
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Both (A) and (B)
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None of the above
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Explanation:
Detailed explanation-1: -The elimination of excess time and ineffective time will improve industrial productivity.
Detailed explanation-2: -Preventive maintenance enhances asset utilization, performance, asset availability.
Detailed explanation-3: -Productivity is defined as the process of producing goods and services efficiently. Productivity is often measured through the ratio of aggregate output to the single output. In layman’s language, productivity is defined as the ratio between input and output.
Detailed explanation-4: -Preventive maintenance, on the other hand, is less stressful, prevents asset failure and involves planning so team members are less stressed and work more effectively, resulting in higher productivity.
There is 1 question to complete.