Industrial Engineering and Production Management One of the basic essentials of an incentive plan is that A differential piece rate system should exist Provide incentive to group efficiency performance All standards should be based on time studies Minimum wages should be guaranteed A differential piece rate system should exist Provide incentive to group efficiency performance All standards should be based on time studies Minimum wages should be guaranteed ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management A PERT network has three activities on critical path with mean time 3, 8 and 6 and standard deviations 1, 2 and 2 respectively. The probability that the project will be completed in 20 days is 0.95 0.5 0.66 0.84 0.95 0.5 0.66 0.84 ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Standing orders which are statutory are applicable to All industries employing more than 100 workers All industries All process industries and thermal power plants Only major industries All industries employing more than 100 workers All industries All process industries and thermal power plants Only major industries 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 Annuity charging method ABC charging method Sinking fund method Straight line method Annuity charging method ABC charging method Sinking fund method Straight line method ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The most suitable incentive plan for the maintenance section of an industry will be Group incentive plan Simplification Profit sharing plans Piece rate system Group incentive plan Simplification Profit sharing plans Piece rate system ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In micro-motion study, therblig is described by A symbol An activity An event Standard symbol and colour A symbol An activity An event Standard symbol and colour ANSWER DOWNLOAD EXAMIANS APP
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