Industrial Engineering and Production Management If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Rowan plan, wages for the job will be TR + [(S - T)/2] × R TR + (S - T) × R TR + [(S - T)/S] × R TR TR + [(S - T)/2] × R TR + (S - T) × R TR + [(S - T)/S] × R TR ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Break-even analysis consists of Fixed and variable costs Fixed cost Variable cost Operation costs Fixed and variable costs Fixed cost Variable cost Operation costs ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The work study is done by means of Planning chart Stop watch Any one of these Process chart Planning chart Stop watch Any one of these Process chart ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Work study is mainly aimed at Establishing the minimum time of completion of a job Determining the most efficient method of performing a job Economizing the motions involved on the part of the worker while performing a job Developing the standard method and standard time of a job Establishing the minimum time of completion of a job Determining the most efficient method of performing a job Economizing the motions involved on the part of the worker while performing a job Developing the standard method and standard time of a job ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management CPM is the Activity oriented technique Target oriented technique Time oriented technique Event oriented technique Activity oriented technique Target oriented technique Time oriented technique Event oriented technique 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 Taylor Differential Piece rate system Halsey Premium plan Rowan Plan Day work plan Taylor Differential Piece rate system Halsey Premium plan Rowan Plan ANSWER DOWNLOAD EXAMIANS APP
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