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: His individual performance A job evaluation system A merit rating system A standard rating system His individual performance A job evaluation system A merit rating system A standard rating system ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management A-B-C analysis Is a basic technique of materials management Is meant for relative inventory control All of the these Does not depend upon the unit cost of the item but on its annual consumption Is a basic technique of materials management Is meant for relative inventory control All of the these Does not depend upon the unit cost of the item but on its annual consumption ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Gantt chart is used for Machine repair schedules Production schedule Inventory control Material handling Machine repair schedules Production schedule Inventory control Material handling ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The time required to complete a job is established and a bonus is paid to the worker based on the exact % of time saved. This type of incentive plan is known as Rowan Plan Halsey Premium Plan Taylor Plan Dry work Plan Rowan Plan Halsey Premium Plan Taylor Plan Dry work Plan ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management TMU in method time measurement stands for Time motion unit Technique measurement unit Time movement unit Time measurement unit Time motion unit Technique measurement unit Time movement unit Time measurement unit ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management For a small scale industry, the fixed cost per month is Rs. 5000. The variable cost per product is Rs. 20 and sales price is Rs. 30 per piece. The break even production per month will be 460 1000 500 300 460 1000 500 300 ANSWER DOWNLOAD EXAMIANS APP
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