Industrial Engineering and Production Management
In Emerson's efficiency plan of wage incentive system, bonus is paid to a worker

Whose output exceeds 67% efficiency
On the percentage of time saved
On the percentage of time worked
On the percentage of standard time

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Industrial Engineering and Production Management
The basic difference between PERT and CPM is that

Guessed times are used in PERT and evaluated times in CPM
Critical path is determined in PERT only
PERT deals with events and CPM with activities
Costs are considered on CPM only and not in PERT

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