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 Taylor Plan Dry work Plan Halsey Premium Plan Rowan Plan Taylor Plan Dry work Plan Halsey Premium Plan Rowan Plan ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The aim of value engineering is to Find the depreciation value of a machine All of these Minimize the cost without change in quality of the product Determine the selling price of a product Find the depreciation value of a machine All of these Minimize the cost without change in quality of the product Determine the selling price of a product ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In a functional organisation Quality of work is better All of these Wastage of material is minimum Specialized knowledge and guidance to individual worker is provided Quality of work is better All of these Wastage of material is minimum Specialized knowledge and guidance to individual worker is provided ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management A low unit cost can be obtained by following Specialization of operation Product layout Automatic material handling equipment Functional layout Specialization of operation Product layout Automatic material handling equipment Functional layout ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management At the break-even point, Total cost is less than the sales revenue Fixed cost is equal to variable cost Total cost is equal to sales revenue Total cost is more than the sales revenue Total cost is less than the sales revenue Fixed cost is equal to variable cost Total cost is equal to sales revenue Total cost is more than the sales revenue ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Work sampling is applied for All of these Estimation of the percentage utilization of machine tools Finding out time standards, specially where the job is not repetitive and where time study by stop watch method is not possible Estimating the percentage of the time consumed by various job activities All of these Estimation of the percentage utilization of machine tools Finding out time standards, specially where the job is not repetitive and where time study by stop watch method is not possible Estimating the percentage of the time consumed by various job activities ANSWER DOWNLOAD EXAMIANS APP