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 standard rating system His individual performance A merit rating system A job evaluation system A standard rating system His individual performance A merit rating system ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The disadvantage of product layout is Production time is longer, requiring more goods in inventory High cost of inspection High initial investment for the specialized facilities Skilled labour to operate machines Production time is longer, requiring more goods in inventory High cost of inspection High initial investment for the specialized facilities Skilled labour to operate machines ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The break-even point represents The time when unit can run without any loss and profit Time when industry will undergo loss The most economical level of operation of any industry The time when company can make maximum profits The time when unit can run without any loss and profit Time when industry will undergo loss The most economical level of operation of any industry The time when company can make maximum profits ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In perpetual inventory control, the material is checked as it reaches its Middle value Average value Maximum value Minimum value Middle value Average value Maximum value Minimum value ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management PERT is Limit up of event oriented diagrams An analytic tool in concept Used for research and development projects All of the listed here Limit up of event oriented diagrams An analytic tool in concept Used for research and development projects All of the listed here ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Actual performance of a task is called An activity A duration An event None of these An activity A duration An event None of these ANSWER DOWNLOAD EXAMIANS APP
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