Industrial Engineering and Production Management In time study, the rating factor is applied to determine Standard time of a job Merit rating of the worker Fixation of incentive rate Normal time of a worker Standard time of a job Merit rating of the worker Fixation of incentive rate Normal time of a worker ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In break even analysis, total cost consists of Fixed cost + variable cost + profit Variable cost + sales revenue Fixed cost + variable cost Fixed cost + variable cost + profit Variable cost + sales revenue Fixed cost + variable cost ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Under the Apprenticeship Act All industries employing more than 100 workers have to recruit apprentices Only industries employing more than 500 workers have to recruit apprentices Industries have to train apprentices according to their requirement All industries have to necessarily train the apprentices All industries employing more than 100 workers have to recruit apprentices Only industries employing more than 500 workers have to recruit apprentices Industries have to train apprentices according to their requirement All industries have to necessarily train the apprentices ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The disadvantage of product layout is Skilled labour to operate machines High cost of inspection Production time is longer, requiring more goods in inventory High initial investment for the specialized facilities Skilled labour to operate machines High cost of inspection Production time is longer, requiring more goods in inventory High initial investment for the specialized facilities ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as Day work plan Halsey Premium plan Rowan Plan Taylor Differential Piece rate system Day work plan Halsey Premium plan Rowan Plan Taylor Differential Piece rate system ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Breakeven analysis is a Short term analysis Long term analysis Any one of these Average of short and long term analysis Short term analysis Long term analysis Any one of these Average of short and long term analysis ANSWER DOWNLOAD EXAMIANS APP