Industrial Engineering and Production Management In value engineering, important consideration is given to Cost reduction Profit maximization Customer satisfaction Function concept Cost reduction Profit maximization Customer satisfaction Function concept ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Both Rowan plan and 50-50 Halsey plan will provide the same earning when the actual time is _________ the standard time. Equal to One-half One-fourth Twice Equal to One-half One-fourth Twice ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The allowed time for a job equals standard time plus Process allowance Policy allowance Learning allowance Interference allowance Process allowance Policy allowance Learning allowance Interference allowance ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Performance rating is equal to Observed performance × normal performance Observed performance - normal performance Observed performance + normal performance None of these Observed performance × normal performance Observed performance - normal performance Observed performance + normal performance None of these ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The most suitable incentive plan for the maintenance section of an industry will be Profit sharing plans Group incentive plan Simplification Piece rate system Profit sharing plans Group incentive plan Simplification Piece rate system ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The type of organisation preferred for a steel industry, is Line organisation Line, staff and functional organisation Line and staff organisation Functional organisation Line organisation Line, staff and functional organisation Line and staff organisation Functional organisation ANSWER DOWNLOAD EXAMIANS APP
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