CAPACITY UTILIZATION FOR PRODUCT MIX USING OPERATION BASED TIME STANDARD EVALUATION

In this paper, a systematic and quantitative view is presented for the application of time study in woodworking furniture industry. The study is done in panel conversion plant on five CNC machines for various operations. For the calculation of cycle time, machining time calculator is developed and the operation research technique of mathematical programming is used for the capacity calculation of product mix. This makes manager to make faster decision in outsourcing problem and to improve the financial performance of the company.