Name and explain the technique of scientific management, which helps in establishing interchangeability of manufactured parts and products
Standardization of work is the technique of scientific management, which helps in establishing interchangeability of manufactured parts and products.
It is the process of setting standards for every business activity, process, raw materials, time, machinery and methods to achieve efficiency. Standardization of product implies that the size, design, quality, shape, etc of the product should meet the requirements and tastes of consumers.
The objectives of standardization are:
(i) To maintain quality standards.
(ii) To set up performance standards for men and machines.
(iii) To provide interchangeability of manufactured parts and products.
(iv) To achieve target production in pre-determined time.