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 A standard rating system His individual performance A job evaluation system A merit rating system A standard rating system His individual performance ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In perpetual inventory control, the material is checked as it reaches its Minimum value Middle value Average value Maximum value Minimum value Middle value Average value Maximum value ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management PERT is All of the listed here Used for research and development projects Limit up of event oriented diagrams An analytic tool in concept All of the listed here Used for research and development projects Limit up of event oriented diagrams An analytic tool in concept ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Queueing theory deals with problems of Material handling Better utilization of man services Effective use of machines Reducing the waiting time or idle time Material handling Better utilization of man services Effective use of machines Reducing the waiting time or idle time ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Inventory control in production, planning and control aims at Achieving optimization Discounts allowed in bulk purchase Ensuring against market fluctuations Acceptable customer service at low capital investment in inventory Achieving optimization Discounts allowed in bulk purchase Ensuring against market fluctuations Acceptable customer service at low capital investment in inventory ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management M.T.M. is used to All of these Establish time standards Improve existing methods Develop effective methods in advance of the beginning of production All of these Establish time standards Improve existing methods Develop effective methods in advance of the beginning of production ANSWER DOWNLOAD EXAMIANS APP