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:

A standard rating system
A merit rating system
A job evaluation system
His individual performance

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Industrial Engineering and Production Management
Value engineering aims at finding out the

Major function of the item and accomplishing the same at least cost without change in quality
Resale value of a product
Depreciation value of a product
Break-even point when machine requires change

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