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 merit rating system A standard rating system His individual performance A job evaluation system A merit rating system A standard rating system His individual performance A job evaluation system ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In perpetual inventory control, the material is checked as it reaches its Minimum value Maximum value Middle value Average value Minimum value Maximum value Middle value Average value ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The employees provident fund act is applicable to All industries other than small and medium industries All industries Volunteers The industries notified by Government All industries other than small and medium industries All industries Volunteers The industries notified by Government ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The objective of time study is to determine the time required to complete a job by Average worker Fast worker New entrant Slow worker Average worker Fast worker New entrant Slow worker ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which of the following organisation is preferred in automobile industry? Line organisation Functional organisation Staff organisation Line and staff organizations Line organisation Functional organisation Staff organisation Line and staff organizations ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management According to MAPI formula, the old machine should be replaced by new one when (Here, CAM = Challenger's Adverse minimum, DAM = Defender's Adverse minimum) CAM = DAM There is no such criterion CAM < DAM CAM > DAM CAM = DAM There is no such criterion CAM < DAM CAM > DAM ANSWER DOWNLOAD EXAMIANS APP