industrial engineering - EDUCATIONLEAVES

Work Study: what is Work Study? |Method Study, Work Measurement

January 18, 2021January 18, 2021 Sukanta Maiti 0 Comments industrial engineering, Method study, Work measurement, Work study

Work-study investigates the work done in an organization and it aims to find the most effective way of using industrial resources like man, material, machinery, money, etc. Every company wants to achieve the best qualities of the product with the minimum possible time.

Industrial engineering Economics

What is Zero-Based Budgeting?|Advantages, Disadvantages

January 5, 2021January 23, 2021 Sukanta Maiti 3 Comments economics, industrial engineering, mbo, Zero-based budgeting

It is a method of budgeting, whereby all the expanses for the new period are calculated based on actual expenses that are to be incurred and not on the differential basis which involves, just changing the expense incurred taking into account change in operational activity.