Industrial Engineering and Production Management According to Rowan plan of wage incentive system, bonus is paid to a worker On the percentage of time saved Whose output exceeds 67% efficiency On the percentage of time worked On the percentage of standard time On the percentage of time saved Whose output exceeds 67% efficiency On the percentage of time worked On the percentage of standard time ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Merit rating is the method of determining the Worth of a machine Relative values of a job Value of overall production Workers performance on a job Worth of a machine Relative values of a job Value of overall production Workers performance on a job ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management PERT has following time estimate Two time estimate One time estimate Three time estimate Four time estimate Two time estimate One time estimate Three time estimate Four time estimate ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management If A is the total items consumed per year, P is the procurement cost per order, and C is the annual inventory carrying cost per item, then the most economic ordering quantity is given by √(2AP/C) 2AP/C AP/C (AP/C)² √(2AP/C) 2AP/C AP/C (AP/C)² ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Inventory management consists of State of merchandise methods of storing and maintenance etc. Stock control system Effective running of stores All of these State of merchandise methods of storing and maintenance etc. Stock control system Effective running of stores All of these ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management A PERT network has three activities on critical path with mean time 3, 8 and 6 and standard deviations 1, 2 and 2 respectively. The probability that the project will be completed in 20 days is 0.5 0.66 0.95 0.84 0.5 0.66 0.95 0.84 ANSWER DOWNLOAD EXAMIANS APP