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Industrial Engineering and Production Management

Industrial Engineering and Production Management
In the Halsey 50-50 plan, the following are rewarded more

Past good workers
All of the these
Past average workers
Past poor workers

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Industrial Engineering and Production Management
Inventory management consists of

State of merchandise methods of storing and maintenance etc.
Effective running of stores
All of these
Stock control system

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Industrial Engineering and Production Management
The interchangeability can be achieved by

Standardization
Bonus plan
Better process planning
Better product planning

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Industrial Engineering and Production Management
Works cost implies

Primary cost + factory expenses
Factory expenses
Factory cost
Primary cost

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Industrial Engineering and Production Management
The wastage of material in the store is taken into account by the following method in the evaluation of the material issued from the store

Fixed price method
Current value method
Inflated system
Primary cost method

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Industrial Engineering and Production Management
If a worker gets a daily wage of Rs HA, then according to Rowan plan, his maximum daily earnings can be

1.33 HA
1.15 HA
2 HA
1.5 HA

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