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Industrial Engineering and Production Management

Industrial Engineering and Production Management
The employees provident fund act is applicable to

Volunteers
All industries other than small and medium industries
All industries
The industries notified by Government

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Industrial Engineering and Production Management
Which one of the following represents a group incentive plan?

Halsey Premium Plan
Rowan Plan
Scanlon Plan
Taylor Differential Piece Rate System

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Industrial Engineering and Production Management
The salient feature of functional organisation is

All of these
Each individual maintains functional efficiency
Strict adherence to specification
Separation of planning and design part

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Industrial Engineering and Production Management
In Emerson's efficiency plan of wage incentive system, bonus is paid to a worker

On the percentage of time saved
On the percentage of standard time
Whose output exceeds 67% efficiency
On the percentage of time worked

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Industrial Engineering and Production Management
Line organization is suitable for

All of these
Sugar industries
Spinning and weaving industries
Oil refining industries

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Industrial Engineering and Production Management
If ‘F’ is the fixed cost, ‘V’ is the variable cost per unit (or total variable costs) and ‘P’ is the selling price of each unit (or total sales value), then break-even point is equal to

F/[1 - (V/P)]
(F × V)/P
(F × P)/V
F/[1 + (V/P)]

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