What is SMV?

 What is SMV?

Answer: SMV defined as “Time taken by a standard worker to perform the task with pre-defined conditions". Standard Worker is who, the potential worker who can give maximum output with the best quality & can improve productivity for a specific item & style.

SMV Formula = BASIC TIME + (BASIC TIME × ALLOWANCE)

SMV Calculation, For example, Suppose a standard operator takes 1 minute to complete an operation. Let put 15% allowance (Men, M/c & Time)

SMV=1+ (1×.15) Min

             = (1+.15) Min

             =1.15 Min

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