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 Rowan Plan Halsey Premium plan Taylor Differential Piece rate system Day work plan Rowan Plan Halsey Premium plan Taylor Differential Piece rate system ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The break-even point represents The most economical level of operation of any industry Time when industry will undergo loss The time when company can make maximum profits The time when unit can run without any loss and profit The most economical level of operation of any industry Time when industry will undergo loss The time when company can make maximum profits 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 Involving multistage queuing That can't be analysed mathematically To verify mathematical results All of the these Involving multistage queuing That can't be analysed mathematically To verify mathematical results All of the these 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 Annuity charging method ABC charging method Straight line method Sinking fund method Annuity charging method ABC charging method Straight line method Sinking fund method ANSWER DOWNLOAD EXAMIANS APP