Industrial Engineering and Production Management Standard time as compared to normal time is Greater Equal Smaller There is no such correlation Greater Equal Smaller There is no such correlation ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which of the following wage incentive plan guarantees minimum wage to a worker and bonus is paid for the fixed percentage of time saved? Gantt plan Rowan plan Emerson's efficiency plan Halsey plan Gantt plan Rowan plan Emerson's efficiency plan Halsey plan 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 Rowan Plan Taylor Differential Piece rate system Halsey Premium plan Day work plan Rowan Plan Taylor Differential Piece rate system Halsey Premium plan ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In the Halsey system of wage incentive plan, a worker is Not paid any bonus till his efficiency Paid as per efficiency Never a loser Ensured of minimum wages Not paid any bonus till his efficiency Paid as per efficiency Never a loser Ensured of minimum wages ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The most suitable incentive plan for the maintenance section of an industry will be Piece rate system Group incentive plan Profit sharing plans Simplification Piece rate system Group incentive plan Profit sharing plans Simplification ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which of the following wage incentive plan is applied to all workers? Emerson's efficiency plan Halsey plan Rowan plan Gantt plan Emerson's efficiency plan Halsey plan Rowan plan Gantt plan ANSWER DOWNLOAD EXAMIANS APP