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Archive | Industrial Engineering

Foreman: Meaning, Duties and Qualification

After reading this article you will learn about:- 1. Meaning of Foreman 2. Duties of a Foreman 3. Essential Qualifications 4. Supervision and Control Function. Meaning of Foreman: Foreman is said to be the backbone of any industry. His position is a key position. Indus­trial concern whatever the planning is and however good it is, […]

List of 10 Five Year Plans

List of ten five year plans. 1. First 5-Year Plan (1951-56): Objectives: 1. Providing immediate remedial measures to the problems of: (i) High and rising prices, (ii) Shortage of essential consumer goods and raw materials, and (iii) Relief and reha­bilitation of displaced persons. 2. Initiating a long-term process of planned economic development by laying emphasis […]

Maintenance of Machines: Meaning, Types and Procedure

After reading this article you will learn about:- 1. Introduction to Maintenance 2. Types of Maintenance 3. Procedure. Introduction to Maintenance: Machines, buildings and other service facilities are subject to deterioration due to their use and exposure to environmental conditions. If this process of deterioration is not checked, it may render them unserviceable. It is, […]

Preventive Maintenance of Machines | Industrial Engineering

After reading this article you will learn about:- 1. Types of Preventive Maintenance 2. Elements of Preventive Maintenance 3. Advantages 4. Requirements 5. Economics. Types of Preventive Maintenance: 1. Corrective Maintenance: Although this is broadly a preventive maintenance, this term is gaining importance. While carrying out repairs on a machine, either some minor modifica­tion work […]

Replacement Analysis of Equipment’s

After reading this article you will learn about:- 1. Introduction to Equipment Replacement Analysis 2. Reasons for Replacement of Equipment 3. Policy 4. Guidelines 5. Hire-Purchasing. Introduction to Equipment Replacement Analysis: Equipment replacement decision plays an important role in the economic running of any concern for years or decades. A firm has to face three […]

How to Calculate Overheads?

After reading this article you will learn about the calculation of various overheads:- 1. Obsolescence 2. Interest on Capital 3. Idleness 4. Repairs and Maintenance. Obsolescence: Suppose a factory owner purchases a machine for his production shop but after some dura­tion a better machine comes in the market, whose production rate is very high and […]

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