Industrial Engineering and Production Management The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as Rowan Plan Taylor Differential Piece rate system Day work plan Halsey Premium plan Rowan Plan Taylor Differential Piece rate system Day work plan Halsey Premium plan ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The break-even point represents 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 The time when unit can run without any loss and profit Time when industry will undergo loss ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Monte Carlo solutions in queuing theory are extremely useful in queuing problems All of the these To verify mathematical results Involving multistage queuing That can't be analysed mathematically All of the these To verify mathematical results Involving multistage queuing That can't be analysed mathematically ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Pick up the incorrect statement from the following. A critical ratio scheduling All of the these Establishes the relative priorities among various activities on a common basis Determines the status of each activity Adjusts automatically changes in activity progress All of the these Establishes the relative priorities among various activities on a common basis Determines the status of each activity Adjusts automatically changes in activity progress ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which of the following depreciation system ensures that the interest be charged on the cost of machine asset every year on the book value, but the rate of depreciation every year remains constant Annuity charging method Sinking fund method Straight line method ABC charging method Annuity charging method Sinking fund method Straight line method ABC charging method ANSWER DOWNLOAD EXAMIANS APP