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Overall labor effectiveness ( OLE) is a key performance indicator (KPI) that measures the utilization, performance, and quality of the workforce and its impact on productivity. Similar to overall equipment effectiveness (OEE), OLE measures availability, performance, and quality. Availability – the percentage of time employees spend making ...
Time clock. A time clock, sometimes known as a clock card machine, punch clock, or time recorder, is a device that records start and end times for hourly employees (or those on flexi-time) at a place of business. In mechanical time clocks, this was accomplished by inserting a heavy paper card, called a time card, into a slot on the time clock.
Kronos Incorporated corporate headquarters in Lowell, MA. Kronos was founded in 1977 by Massachusetts Institute of Technology (MIT) and Simon Business School alumnus Mark S. Ain. [4] Under Mark Ain's leadership, Kronos sustained one of the longest records of growth and profitability as a public company in software industry history. [5]
cron. The cron command-line utility is a job scheduler on Unix-like operating systems. Users who set up and maintain software environments use cron to schedule jobs [1] (commands or shell scripts ), also known as cron jobs, [2] [3] to run periodically at fixed times, dates, or intervals. [4]
A semester (one-half of a full year) earns 1/2 a Carnegie Unit. [1] The Student Hour is approximately 12 hours of class or contact time, approximately 1/10 of the Carnegie Unit (as explained below). As it is used today, a Student Hour is the equivalent of one hour (50 minutes) of lecture time for a single student per week over the course of a ...
Standard time (manufacturing) In industrial engineering, the standard time is the time required by an average skilled operator, working at a normal pace, to perform a specified task using a prescribed method. [1] It includes appropriate allowances to allow the person to recover from fatigue and, where necessary, an additional allowance to cover ...
Midnight (or noon) to 1 on a 12-hour clock with an analogue face Midnight to 1 a.m. on a 24-hour clock with a digital face. An hour (symbol: h; also abbreviated hr) is a unit of time historically reckoned as 1 ⁄ 24 of a day and defined contemporarily as exactly 3,600 seconds . There are 60 minutes in an hour, and 24 hours in a day.
Time. Metric time is the measure of time intervals using the metric system. The modern SI system defines the second as the base unit of time, and forms multiples and submultiples with metric prefixes such as kiloseconds and milliseconds. Other units of time – minute, hour, and day – are accepted for use with SI, but are not part of it.