................ aims at eliminating superfluous varieties, sizes and dimensions while...............mplies devising new varieties instead of the existing ones.

Simplification, Standardisation

Simplification aims at eliminating superfluous varieties, sizes and dimensions while standardisation implies devising new varieties instead of the existing ones. Simplification aims at eliminating unnecessary diversity of products. It results in savings of cost of labour, machines and tools. It implies reduced inventories, fuller utilisation of equipment and increasing turnover.