Can someone explain how or in what way work measurements are used in every bullet? Thank you

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Can someone explain how or in what way work measurements are used in every bullet? Thank you

Work Measurement leads to the development of labor
and equipment time standard that are used for:
O Estimating work-force and equipment capacity
O Establishing budgets
O Determining what new work procedure will cost
O Evaluating time and cost trade-offs among process design alternatives
O Establishing wage-incentive system
O Monitoring and evaluating employee performance and productivity
|
O Providing accurate information for scheduling and sequencing
Transcribed Image Text:Work Measurement leads to the development of labor and equipment time standard that are used for: O Estimating work-force and equipment capacity O Establishing budgets O Determining what new work procedure will cost O Evaluating time and cost trade-offs among process design alternatives O Establishing wage-incentive system O Monitoring and evaluating employee performance and productivity | O Providing accurate information for scheduling and sequencing
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