Industrial Engineering and Production Management One of the basic essentials of an incentive plan is that A differential piece rate system should exist Minimum wages should be guaranteed Provide incentive to group efficiency performance All standards should be based on time studies A differential piece rate system should exist Minimum wages should be guaranteed Provide incentive to group efficiency performance All standards should be based on time studies ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Linear programming can be applied successfully to Oil industry All of these Banks Chemical industry Oil industry All of these Banks Chemical industry ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The time required to complete a job is established and a bonus is paid to the worker based on the exact % of time saved. This type of incentive plan is known as Rowan Plan Halsey Premium Plan Dry work Plan Taylor Plan Rowan Plan Halsey Premium Plan Dry work Plan Taylor Plan ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The performance of a specific task in CPM is known as Dummy Activity Event Contract Dummy Activity Event Contract ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In the Halsey 50-50 plan, the following are rewarded more All of the these Past good workers Past poor workers Past average workers All of the these Past good workers Past poor workers Past average workers 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 Involving multistage queuing That can't be analysed mathematically To verify mathematical results All of the these Involving multistage queuing That can't be analysed mathematically To verify mathematical results ANSWER DOWNLOAD EXAMIANS APP