Standard time is the amount of time that should be allowed for an average worker to process one work unit using the standard method and working at a normal pace. The standard time includes some additional time, called the contingency allowance, to provide for the worker's personal needs, fatigue, and unavoidable delays during the shift.
The standard time (Ts) is calculated from multiplying the observed time (To) by the performance rating (R) and the personal need, fatigue and unavoidable delays (PFD):
Ts = To*R*(1+PFD)
Usages for Standard Time
Estimate the quantity of the production
Determine workforce size and equipment requirement
Compare alternative methods
Evaluate worker's performance
Plan and schedule production and estimate co.
Further reading
Work Systems: The Methods, Measurement & Management of Work by Mikell P. Groover, Prentice-Hall (2006) ISBN0-13-140650-7
Work Measurement and Methods Improvement by Lawrence S. Aft, Wiley (2000) ISBN0-471-37089-4
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Original source: https://en.wikipedia.org/wiki/Standard time in manufacturing. Read more