Industrial Engineering and Production Management If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Halsey 50-50 plan, wages for the job will be TR TR + [(S - T)/2] × R TR + [(S - T)/S] × R TR + (S - T) × R TR TR + [(S - T)/2] × R TR + [(S - T)/S] × R TR + (S - T) × R ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which of the following wage incentive plan is applied to all workers? Emerson's efficiency plan Gantt plan Halsey plan Rowan plan Emerson's efficiency plan Gantt plan Halsey plan Rowan plan ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management If ‘F’ is the fixed cost, ‘V’ is the variable cost per unit (or total variable costs) and ‘P’ is the selling price of each unit (or total sales value), then break-even point is equal to (F × V)/P (F × P)/V F/[1 + (V/P)] F/[1 - (V/P)] (F × V)/P (F × P)/V F/[1 + (V/P)] F/[1 - (V/P)] ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Product layout is employed for Batch production All of these Continuous production Effective utilization of machine Batch production All of these Continuous production Effective utilization of machine ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Work study is concerned with Motivation of workers Improving production planning and control Improving present method and finding standard time Improving production capability Motivation of workers Improving production planning and control Improving present method and finding standard time Improving production capability ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The work study is done by means of Any one of these Planning chart Stop watch Process chart Any one of these Planning chart Stop watch Process chart ANSWER DOWNLOAD EXAMIANS APP