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 The average time recorded by work study man for an operation is called Normal time None of these Representative time Standard time Normal time None of these Representative time Standard time ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management If A is the total items consumed per year, P is the procurement cost per order, and C is the annual inventory carrying cost per item, then the most economic ordering quantity is given by (AP/C)² √(2AP/C) AP/C 2AP/C (AP/C)² √(2AP/C) AP/C 2AP/C ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which of the following charts are used for plant layout design? Man machine chart All of these Operation process chart Travel chart Man machine chart All of these Operation process chart Travel chart ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In order that linear programming techniques provide valid results Either (A) or (B) Relations between factors must be linear (negative) Relations between factors must be linear (positive) Only one factor should change at a time, others remaining constant Either (A) or (B) Relations between factors must be linear (negative) Relations between factors must be linear (positive) Only one factor should change at a time, others remaining constant ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Merit rating is the method of determining the Worth of a machine Relative values of a job Workers performance on a job Value of overall production Worth of a machine Relative values of a job Workers performance on a job Value of overall production ANSWER DOWNLOAD EXAMIANS APP
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