Industrial Engineering and Production Management One of the basic essentials of an incentive plan is that Provide incentive to group efficiency performance Minimum wages should be guaranteed All standards should be based on time studies A differential piece rate system should exist Provide incentive to group efficiency performance Minimum wages should be guaranteed All standards should be based on time studies A differential piece rate system should exist ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The production cost per unit can be reduced by Minimizing resource waste Producing more with increased inputs Producing more with the same inputs Eliminating idle time Minimizing resource waste Producing more with increased inputs Producing more with the same inputs Eliminating idle time ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The basic difference between PERT and CPM is that PERT deals with events and CPM with activities Guessed times are used in PERT and evaluated times in CPM Critical path is determined in PERT only Costs are considered on CPM only and not in PERT PERT deals with events and CPM with activities Guessed times are used in PERT and evaluated times in CPM Critical path is determined in PERT only Costs are considered on CPM only and not in PERT 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 Value of overall production Worth of a machine Workers performance on a job Relative values of a job Value of overall production Worth of a machine ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The type of organisation preferred for an automobile industry, is Line, staff and functional organisation Line organisation Line and staff organisation Functional organisation Line, staff and functional organisation Line organisation Line and staff organisation Functional organisation ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In crash program for a project direct costs increase and indirect costs decrease cost is no criterion indirect costs increase and direct costs decrease both direct and indirect costs, increase direct costs increase and indirect costs decrease cost is no criterion indirect costs increase and direct costs decrease both direct and indirect costs, increase ANSWER DOWNLOAD EXAMIANS APP
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