Predetermined Time Standards Are an Outgrowth of Basic Motions Called

question 65

Multiple Choice

Predetermined time standards are an outgrowth of basic motions called:

• A) mini-movements.
• B) micro-motions.
• C) SAE standards.
• D) TMUs.
• E) therbligs.

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Definitions:

Comparative Advantage

The proficiency of an entity, whether it's an individual, corporate body, or state, to create a good or offer a service at a more economical opportunity cost than its competition.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing a particular course of action.

Comparative Advantage

The ability of an individual, firm, or country to produce a good or service at a lower opportunity cost than competitors, leading to more efficient global production patterns.

Specialize

The process of focusing efforts and resources on a narrow area of expertise to increase efficiency and proficiency.