Industrial Engineering and Production Management One of the basic essentials of an incentive plan is that 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 All standards should be based on time studies ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Pick up the incorrect statement about advantages of work sampling Permits a fine breakdown of activities and delays Simultaneous study of many operators may be made by a single observer No time measuring devices are generally needed Calculations are easier, method is economical and less time consuming Permits a fine breakdown of activities and delays Simultaneous study of many operators may be made by a single observer No time measuring devices are generally needed Calculations are easier, method is economical and less time consuming ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The difference between the time available to do the job and the time required to do the job, is known as Event Duration Float Constraint Event Duration Float Constraint ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Value engineering aims at finding out the Major function of the item and accomplishing the same at least cost without change in quality Break-even point when machine requires change Depreciation value of a product Resale value of a product Major function of the item and accomplishing the same at least cost without change in quality Break-even point when machine requires change Depreciation value of a product Resale value of a product ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management A device used for lifting or lowering objects suspended from a hook at the end of retractable chains or cable is called Portable elevator Jib crane Hoist Chain conveyor Portable elevator Jib crane Hoist Chain conveyor 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 Time when industry will undergo loss The time when company can make maximum profits The most economical level of operation of any industry The time when unit can run without any loss and profit Time when industry will undergo loss The time when company can make maximum profits ANSWER DOWNLOAD EXAMIANS APP
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