Industrial Engineering and Production Management
One of the basic essentials of an incentive plan is that

Minimum wages should be guaranteed
All standards should be based on time studies
Provide incentive to group efficiency performance
A differential piece rate system should exist

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Industrial Engineering and Production Management
The purpose of micro-motion study is to

All of these
Help in collecting the motion time data for synthetic time standards
Train the individual operator regarding the motion economy principles
Assist in finding out the most efficient way of doing work

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Industrial Engineering and Production Management
A big advantage of PERT over Gantt charts is that in the former case

Early start and late finish of an activity are clearly marked
Activity times are clear
Activities and events are clearly shown
Interrelationship among activities is clearly shown

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