Industrial Engineering and Production Management In the Halsey system of wage incentive plan, a worker is Not paid any bonus till his efficiency Never a loser Paid as per efficiency Ensured of minimum wages Not paid any bonus till his efficiency Never a loser Paid as per efficiency Ensured of minimum wages ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management One of the basic essentials of an incentive plan is that All standards should be based on time studies Minimum wages should be guaranteed Provide incentive to group efficiency performance A differential piece rate system should exist All standards should be based on time studies Minimum wages should be guaranteed Provide incentive to group efficiency performance A differential piece rate system should exist ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Value engineering aims at finding out the Depreciation value of a product Resale value of a product Break-even point when machine requires change Major function of the item and accomplishing the same at least cost without change in quality Depreciation value of a product Resale value of a product Break-even point when machine requires change Major function of the item and accomplishing the same at least cost without change in quality ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In value engineering, important consideration is given to Customer satisfaction Profit maximization Function concept Cost reduction Customer satisfaction Profit maximization Function concept Cost reduction ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Direct expenses include Factory expenses Administrative expenses Selling expenses None of these Factory expenses Administrative expenses Selling expenses None of these ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management M.T.M. is used to All of these Develop effective methods in advance of the beginning of production Establish time standards Improve existing methods All of these Develop effective methods in advance of the beginning of production Establish time standards Improve existing methods ANSWER DOWNLOAD EXAMIANS APP
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