PRODUCTION STANDARD definition
PRODUCTION STANDARD. The production standard for an operation is the number of pieces which will be produced per hour when the operation is performed within the standard time. The production standard is computed by dividing the standard time into 60: Production Standard = 60 ------------- Standard Time
Examples of PRODUCTION STANDARD in a sentence
LETTER PRODUCTION STANDARD During negotiations, the Company and the Association discussed production standard as it relates to all job classifications.
SCHEDULE 85 COGENERATION AND SMALL POWER PRODUCTION STANDARD CONTRACT RATES There are two separate processes required for a Seller to deliver and sell energy from a Qualifying Facility to the Company.