TAYLOR - NARAYANA RAO PRINCIPLES OF INDUSTRIAL ENGINEERING
|4-Machine Utilization Economy|
Resource Utilization Economy Principles
The principle can be restated better more appropriately. "Principles of resource utilization economy to be developed for all resources used in engineering systems." (Added on 9 June 2018).
Utilization economy principles are to be developed for each resource used in the production processes. So far, in industrial engineering discipline, principles of motion economy only are deveoped. There has to be research and effort to develop similar principles for all resources.
Principles of Industrial Engineering - Presentation
by Dr. K.V.S.S. Narayana Rao in the 2017Annual Conference of IISE (Institute of Industrial and Systems Engineering) at Pittsburgh, USA on 23 May 2017
Updated 9 June 2018
First published 29 June 2018