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Tag Archives | Engineering Economics

Engineering Economics: Meaning and Characteristics

In this article we will discuss about the meaning and characteristics of engineering economics. Meaning of Engineering Economics: Engineering is the profession in which knowledge of the mathematical and natural sciences gained by study experience and practice is applied with judgment to develop ways to utilise economically the material and forces of nature for the […]

Work Study: Definition, Role and Objectives

In this article we will discuss about:- 1. Definition of Work Study 2. Role of Work Study 3. Objectives 4. Advantages. Definition of Work Study: “Work study is a generic term for those techniques, particularly method study and work measurement, which are used in all its context and which lead systematically to the investigation of […]

Motion Study: Meaning, Objectives and Procedure

In this article we will discuss about:- 1. Meaning of Motion Study 2. Objectives of Method Study/Motion Study 3. Procedure. Meaning of Motion Study: The propounder of this concept was Frank Gilbesth. He defined motion study as the “Science of eliminating wastefulness resulting from ill-directed and inefficient motions”. The main aim of motion study is […]

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