Labor Standards Types,quantity,cost of labor used Production,setup,cleanup,and rework Time and motion studies,industrial engineering studies Operations Flow Document Include wages,taxes,and fringe benefits Standard Labor Hours Wage Rate Cost 海南大学董建华讲授 10-6 海南大学董建华讲授 10- 6 Labor Standards Types, quantity, cost of labor used ◼ Production, setup, cleanup, and rework ◼ Time and motion studies, industrial engineering studies ◼ Operations Flow Document ◼ Include wages, taxes, and fringe benefits Standard Labor = Hours * Wage Rate Cost