Industrial Engineering and Production Management In Lincoln plan (one type of group incentive plan), the amount of the profit which an employee receives in addition to the guaranteed basic pay/wages, is based on: A job evaluation system A merit rating system His individual performance A standard rating system A job evaluation system A merit rating system His individual performance A standard rating system ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which of the following charts are used for plant layout design? Man machine chart Travel chart Operation process chart All of these Man machine chart Travel chart Operation process chart All of these ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management PERT is the Target oriented technique Activity oriented technique Time oriented technique Event oriented technique Target oriented technique Activity oriented technique Time oriented technique Event oriented technique ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The start or completion of task is called An event None of these An activity A duration An event None of these An activity A duration ANSWER DOWNLOAD EXAMIANS APP
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)/S] × R TR + (S - T) × R TR + [(S - T)/2] × R TR TR + [(S - T)/S] × R TR + (S - T) × R TR + [(S - T)/2] × R ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management F. W. Taylor introduced a system of organisation known as Line, staff and functional organisation Functional organisation Line organisation Line and staff organisation Line, staff and functional organisation Functional organisation Line organisation Line and staff organisation ANSWER DOWNLOAD EXAMIANS APP