Time recording is used to determine and evaluate the duration of an activity, based on which the degree of efficiency of a process can be determined.
Brief description
The time-recording method is used in the evaluation of time and calculation data necessary for the enterprise, as well as in the planning and control of production capacity in the enterprise, cost accounting or comparisons of performance and indicators. With the help of time recording, it is possible to answer the question of how much labor time it takes one worker to assemble one specific product or how long the tuning procedure of one machine takes.