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 job evaluation system A standard rating system His individual performance A merit rating system A job evaluation system A standard rating system His individual performance A merit rating system ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The chart which gives an estimate about the amount of materials handling between various work stations is known as Operation chart Process chart Flow chart Travel chart Operation chart Process chart Flow chart Travel chart ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Fixed position layout is also known as None of these Static product layout Analytical layout Synthetic layout None of these Static product layout Analytical layout Synthetic layout ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Valve analysis is particularly of interest when Costly equipment is used Production is on large scale Jobbing work economics are involved Only few components are involved Costly equipment is used Production is on large scale Jobbing work economics are involved Only few components are involved ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Pick up the incorrect statement from the following. A critical ratio scheduling Establishes the relative priorities among various activities on a common basis Determines the status of each activity All of the these Adjusts automatically changes in activity progress Establishes the relative priorities among various activities on a common basis Determines the status of each activity All of the these Adjusts automatically changes in activity progress ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In ABC control policy, maximum attention is given to Those items which consume money Those items which are not readily available Those items which consume more money Those × items which are in more demand Those items which consume money Those items which are not readily available Those items which consume more money Those × items which are in more demand ANSWER DOWNLOAD EXAMIANS APP