Industrial Engineering and Production Management Time study is used to Determine standard costs Provide a basis for setting piece price or incentive wages Determine the number of machines a person may run All of the these Determine standard costs Provide a basis for setting piece price or incentive wages Determine the number of machines a person may run All of the these ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Actual performance of a task is called None of these An activity A duration An event None of these An activity A duration An event ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Work sampling observations are taken on the basis of Detailed calculations Convenience Past experience Table of random numbers Detailed calculations Convenience Past experience Table of random numbers ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The factors which are to be considered while developing a good wage incentive plan will include Guaranteed basic pay All of the listed here Adequate incentive Ease of administration Guaranteed basic pay All of the listed here Adequate incentive Ease of administration ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management One of the basic essentials of an incentive plan is that 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 Provide incentive to group efficiency performance A differential piece rate system should exist Minimum wages should be guaranteed ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The assumption in PERT is Cost of project will always be more than the estimated cost, if no timely corrections are taken A project will always be behind schedule, if left uncorrected Activities are fixed and can't be changed A project can be subdivided into a set of predictable, independent activities Cost of project will always be more than the estimated cost, if no timely corrections are taken A project will always be behind schedule, if left uncorrected Activities are fixed and can't be changed A project can be subdivided into a set of predictable, independent activities ANSWER DOWNLOAD EXAMIANS APP