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 His individual performance A job evaluation system A standard rating system A merit rating system His individual performance A job evaluation system ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management If TL is the largest allowable event occurrence time, total activity slack (s) is equal to Latest start time earliest start time Latest finish time earliest finish time (EFT) All of these TLEFT Latest start time earliest start time Latest finish time earliest finish time (EFT) All of these TLEFT ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Percent idle time for men or machines is found by Method study Time study Work sampling Work study Method study Time study Work sampling Work study ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Break-even analysis shows profit when Variable cost < fixed cost Sales revenue = total cost Sales revenue > total cost Sales revenue < total cost Variable cost < fixed cost Sales revenue = total cost Sales revenue > total cost Sales revenue < total cost ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management 'Value' for value engineering and analysis purposes is defined as Purchase value Depreciated value Function/cost Saleable value Purchase value Depreciated value Function/cost Saleable value ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which of the following wage incentive plan guarantees minimum wage to a worker and bonus is paid for the fixed percentage of time saved? Emerson's efficiency plan Rowan plan Gantt plan Halsey plan Emerson's efficiency plan Rowan plan Gantt plan Halsey plan ANSWER DOWNLOAD EXAMIANS APP