State any four advantages of standardization.

i. It saves effort of design of engineers to design and manufacture new machines, as standard components are readily designed by experts. ii. It ensures certain minimum specified quality. iii. It help in manufacturing the components on mass production. iv. Easy and quick replacement of the components is possible. v. Interchangeability of components is possible. vi. It helps in manufacturing the components quickly and economically. vii. Effective utilization of resources. viii. It also contributes to ensure the safety