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  2. Worker–machine activity chart - Wikipedia

    en.wikipedia.org/wiki/Worker–machine_activity...

    A worker–machine activity chart is a chart used to describe or plan the interactions between workers and machines over time. [1] As the name indicates, the chart deals with the criteria of work elements and their time for both the worker and the machine. This chart is useful to describe any repetitive worker-machine system.

  3. Piece work - Wikipedia

    en.wikipedia.org/wiki/Piece_work

    The fair rate is the amount that allows an average worker to be paid the minimum wage per hour if they work at an average rate. This must be calculated in a set way, a control trial is run to determine the average items produced by equivalent workers, this is divided by 1.2 to reach the agreed average figure, and the fair rate is set to ensure ...

  4. Work order - Wikipedia

    en.wikipedia.org/wiki/Work_order

    the types of labour required, rate (per hour or per unit) and amount the machine utilisation for each machine during the routing process, its rate and amount In a service environment, a job order cannot be the equivalent to a work or service order where the job order records the location, date and time the service is carried out and the nature ...

  5. Glossary of construction cost estimating - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_construction...

    Man-hour rate = man-hours required for work / completed work quantity. Example: Excavation 0.125 mh/cy. The man-hour rate is related to the inverse of the production rate times the number of workers in the crew performing the work. Example: Excavation at 8 cy/day (8-hour day) with 2-man crew = 2 x 8 / 8 = 2 man-hours/cy. See also Production rate.

  6. Shift plan - Wikipedia

    en.wikipedia.org/wiki/Shift_plan

    There are 28 shifts per employee in a six-week cycle (i.e. 42 days), this adds up to an average of 56 hours worked per week with 12-hour shifts, or 37 + 1 ⁄ 3 hours per week with 8-hour shifts. Three groups are needed for each time span, i.e. to cover the whole day and week a company needs 6 groups for 12-hour shifts or 9 groups for 8-hour ...

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  8. Activity-based costing - Wikipedia

    en.wikipedia.org/wiki/Activity-based_costing

    Following strong initial uptake, ABC lost ground in the 1990s compared to alternative metrics, such as Kaplan's balanced scorecard and economic value added.An independent 2008 report concluded that manually driven ABC was an inefficient use of resources: it was expensive and difficult to implement for small gains, and a poor value, and that alternative methods should be used. [4]

  9. Operating cost - Wikipedia

    en.wikipedia.org/wiki/Operating_cost

    Note: This note was left in parentheses years prior and only moved to template in 2017. [example needed] In some cases, equipment may appear to have low or no operating cost because either the cost is not recognized or is being absorbed in whole or part by the cost of something else. Equipment operating costs may include: Salaries or Wages of ...