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 Halsey Premium plan Taylor Differential Piece rate system Day work plan Rowan Plan Halsey Premium plan Taylor Differential Piece rate system Day work plan Rowan Plan ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The break-even point represents The most economical level of operation of any industry The time when unit can run without any loss and profit The time when company can make maximum profits Time when industry will undergo loss The most economical level of operation of any industry The time when unit can run without any loss and profit The time when company can make maximum profits Time when industry will undergo loss ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Monte Carlo solutions in queuing theory are extremely useful in queuing problems All of the these To verify mathematical results That can't be analysed mathematically Involving multistage queuing All of the these To verify mathematical results That can't be analysed mathematically Involving multistage queuing ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Pick up the incorrect statement from the following. A critical ratio scheduling Determines the status of each activity Establishes the relative priorities among various activities on a common basis All of the these Adjusts automatically changes in activity progress Determines the status of each activity Establishes the relative priorities among various activities on a common basis All of the these Adjusts automatically changes in activity progress ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which of the following depreciation system ensures that the interest be charged on the cost of machine asset every year on the book value, but the rate of depreciation every year remains constant Sinking fund method Straight line method ABC charging method Annuity charging method Sinking fund method Straight line method ABC charging method Annuity charging method ANSWER DOWNLOAD EXAMIANS APP
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