Industrial Engineering and Production Management One of the basic essentials of an incentive plan is that Provide incentive to group efficiency performance A differential piece rate system should exist Minimum wages should be guaranteed All standards should be based on time studies Provide incentive to group efficiency performance A differential piece rate system should exist Minimum wages should be guaranteed All standards should be based on time studies ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management A-B-C analysis Does not depend upon the unit cost of the item but on its annual consumption Is a basic technique of materials management All of the these Is meant for relative inventory control Does not depend upon the unit cost of the item but on its annual consumption Is a basic technique of materials management All of the these Is meant for relative inventory control ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which of the following are the guidelines for the construction of a network diagram? Each activity is represented by one and only one arrow in the network Dummy activity consumes no time or resource Dangling must be avoided in a network diagram All of the these Each activity is represented by one and only one arrow in the network Dummy activity consumes no time or resource Dangling must be avoided in a network diagram All of the these ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management At the break-even point, Fixed cost is equal to variable cost Total cost is equal to sales revenue Total cost is more than the sales revenue Total cost is less than the sales revenue Fixed cost is equal to variable cost Total cost is equal to sales revenue Total cost is more than the sales revenue Total cost is less than the sales revenue ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management PMTP (predetermined motion time systems) include WFS (work factor systems) All of these BNTS (basic motion time study) MTM (method time measurement) WFS (work factor systems) All of these BNTS (basic motion time study) MTM (method time measurement) ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Works cost implies Primary cost + factory expenses Factory expenses Primary cost Factory cost Primary cost + factory expenses Factory expenses Primary cost Factory cost ANSWER DOWNLOAD EXAMIANS APP