Industrial Engineering and Production Management One of the basic essentials of an incentive plan is that All standards should be based on time studies Minimum wages should be guaranteed Provide incentive to group efficiency performance A differential piece rate system should exist All standards should be based on time studies Minimum wages should be guaranteed Provide incentive to group efficiency performance A differential piece rate system should exist ANSWER DOWNLOAD EXAMIANS APP
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 Taylor Differential Piece rate system Halsey Premium plan Rowan Plan Day work plan Taylor Differential Piece rate system Halsey Premium plan Rowan Plan ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The most popular type of organisation used for Civil Engineering Constructions is Line and staff organization Line organization Functional organization Effective organization Line and staff organization Line organization Functional organization Effective organization ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Merit rating is the method of determining the Workers performance on a job Relative values of a job Worth of a machine Value of overall production Workers performance on a job Relative values of a job Worth of a machine Value of overall production ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management An optimum project schedule implies To produce best results under given constraints Optimum utilization of men, machines and materials Timely execution of project Lowest possible cost and shortest possible time for project To produce best results under given constraints Optimum utilization of men, machines and materials Timely execution of project Lowest possible cost and shortest possible time for project ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management A graphical device used to determine the break-even point and profit potential under varying conditions of output and costs, is known as Flow chart PERT chart Gantt chart Break-even chart Flow chart PERT chart Gantt chart Break-even chart ANSWER DOWNLOAD EXAMIANS APP
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