Industrial Engineering and Production Management Choose the wrong statement Time study is used to Determine standard costs Determine overhead expenses Provide a basis for setting piece prices or incentive wages Determine the capability of an operator to handle the number of machines Determine standard costs Determine overhead expenses Provide a basis for setting piece prices or incentive wages Determine the capability of an operator to handle the number of machines ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In order that linear programming techniques provide valid results Only one factor should change at a time, others remaining constant Relations between factors must be linear (positive) Relations between factors must be linear (negative) Either (A) or (B) Only one factor should change at a time, others remaining constant Relations between factors must be linear (positive) Relations between factors must be linear (negative) Either (A) or (B) ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In Lincoln plan (one type of group incentive plan), the amount of the profit which an employee receives in addition to the guaranteed basic pay/wages, is based on: His individual performance A job evaluation system A merit rating system A standard rating system His individual performance A job evaluation system A merit rating system A standard rating system ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The critical path of a network represents Minimum cost required for completion of project The maximum time required for completion of project Maximum cost required for completion of project The minimum time required for completion of project Minimum cost required for completion of project The maximum time required for completion of project Maximum cost required for completion of project The minimum time required for completion of project ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Earliest finish time can be regarded as Earliest start time + duration of activity Latest finish time duration of activity Latest finish time + duration of activity Earliest start time duration of activity Earliest start time + duration of activity Latest finish time duration of activity Latest finish time + duration of activity Earliest start time duration of activity ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Performance rating is equal to None of these Observed performance + normal performance Observed performance × normal performance Observed performance - normal performance None of these Observed performance + normal performance Observed performance × normal performance Observed performance - normal performance ANSWER DOWNLOAD EXAMIANS APP
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