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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Performance rating is equal to

Observed performance + normal performance
Observed performance - normal performance
Observed performance × normal performance
None of these

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Industrial Engineering and Production Management
In Lincoln plan (one type of group incentive plan), the amount of the profit which an employee receives in addition to the guaranteed basic pay/wages, is based on:

A standard rating system
A merit rating system
His individual performance
A job evaluation system

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Industrial Engineering and Production Management
Breakeven analysis is a

Average of short and long term analysis
Short term analysis
Any one of these
Long term analysis

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Industrial Engineering and Production Management
At the break-even point,

Fixed cost is equal to variable cost
Total cost is equal to sales revenue
Total cost is less than the sales revenue
Total cost is more than the sales revenue

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Industrial Engineering and Production Management
A dummy activity in a net work diagram

All of these
Does not consume time or resources
Is an artificial activity
Is represented by a dotted line

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Industrial Engineering and Production Management
Bar charts are suitable for

Minor works
Large projects
All of these
Major works

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