Industrial Engineering and Production Management In Emerson's efficiency plan of wage incentive system, bonus is paid to a worker On the percentage of time worked On the percentage of standard time Whose output exceeds 67% efficiency On the percentage of time saved On the percentage of time worked On the percentage of standard time Whose output exceeds 67% efficiency On the percentage of time saved ANSWER DOWNLOAD EXAMIANS APP
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 TR + (S - T) × R TR + [(S - T)/S] × R TR + [(S - T)/2] × R TR TR + (S - T) × R TR + [(S - T)/S] × R ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Scheduling gives information about When work should complete Proper utilization of machines That how idle time can be minimized When work should start and how much work should be completed during a certain period When work should complete Proper utilization of machines That how idle time can be minimized When work should start and how much work should be completed during a certain period ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The simplex method is the basic method for Operation research Value analysis Model analysis Linear programming Operation research Value analysis Model analysis Linear programming ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The break-even point represents The time when company can make maximum profits The time when unit can run without any loss and profit The most economical level of operation of any industry Time when industry will undergo loss The time when company can make maximum profits The time when unit can run without any loss and profit The most economical level of operation of any industry Time when industry will undergo loss ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Pick up the correct statement. Dummy activity on a PERT/CPM chart means, it Consumes resources but no time Consumes neither time nor resources Is a dangling event Consumes time, but no resources Consumes resources but no time Consumes neither time nor resources Is a dangling event Consumes time, but no resources ANSWER DOWNLOAD EXAMIANS APP