What is Standard Minute Value (SMV)?

Definition: SMV means standard minute value. Time taken by a standard operator to complete any given operation with pre-determine conditions.

Standard Minute is the time value arrived at for a task based on the average rate of output which qualified workers will naturally achieve without over exertion provided that they know and adhere to the specified method and provided that they are motivated to apply themselves to their work.

SMV= Basic time + Allowance

What is IE?

·    Industrial Engineering is a branch of engineering dealing with the optimization at complex processes or systems. It is especially concerned with the optimization of man, machine, materials, equipment’s and how to utilize these resources in better method and in proper way to enhance productivity and quality of work.

 

An IE is responsible to design a way to produce a product in a quicker, easier and in better method.

What is Method study?

Method study: Method study is the systematic recording & critical analysis of ways of doing a job so as to make improvements it analyzes how a work is being done currently to find out ways to improve so that productivity increases. Method study discovers suitable and easier method of work so that the task can be completed quickly.

7 Steps of Method Study:-

1.    Select: Select the job to be study.

2.    Record: Record the all of relevant fact by direct observation.

3.    Examine: Examine the data/facts critically and in sequence.

4.    Develop: Develop the most practical, ergonomic & economic method.

5.    Define: Define the new method in detail.

6.    Install: Install the method as standard and train the operator to use it.

7.    Maintain: Maintain the new method by regular routine check.