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 Day work plan Halsey Premium plan Rowan Plan Taylor Differential Piece rate system Day work plan Halsey Premium plan Rowan Plan Taylor Differential Piece rate system ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The break-even point represents The time when company can make maximum profits Time when industry will undergo loss The most economical level of operation of any industry The time when unit can run without any loss and profit The time when company can make maximum profits Time when industry will undergo loss The most economical level of operation of any industry The time when unit can run without any loss and profit ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Monte Carlo solutions in queuing theory are extremely useful in queuing problems To verify mathematical results Involving multistage queuing All of the these That can't be analysed mathematically To verify mathematical results Involving multistage queuing All of the these 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 Determines the status of each activity Adjusts automatically changes in activity progress Establishes the relative priorities among various activities on a common basis All of the these Determines the status of each activity Adjusts automatically changes in activity progress Establishes the relative priorities among various activities on a common basis All of the these 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 ABC charging method Annuity charging method Straight line method Sinking fund method ABC charging method Annuity charging method Straight line method Sinking fund method ANSWER DOWNLOAD EXAMIANS APP
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