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 Dry work Plan Rowan Plan Halsey Premium Plan Taylor Plan Dry work Plan Rowan Plan Halsey Premium Plan Taylor Plan ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The aim of value engineering is to Determine the selling price of a product Minimize the cost without change in quality of the product All of these Find the depreciation value of a machine Determine the selling price of a product Minimize the cost without change in quality of the product All of these Find the depreciation value of a machine ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The correct sequence of phases in value engineering is Creative phase, information phase, investigation phase, evaluation phase Creative phase, investigation phase, evaluation phase, information phase Information phase, creative phase, investigation phase, evaluation phase Investigation phase, information phase, creative phase, evaluation phase Creative phase, information phase, investigation phase, evaluation phase Creative phase, investigation phase, evaluation phase, information phase Information phase, creative phase, investigation phase, evaluation phase Investigation phase, information phase, creative phase, evaluation phase ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Replacement studies are made on the following basis Any one of the above Annual cost method Rate of return method Total life average method Any one of the above Annual cost method Rate of return method Total life average method ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Pick up the correct statement. Dummy activity on a PERT/CPM chart means, it Consumes resources but no time Consumes time, but no resources Is a dangling event Consumes neither time nor resources Consumes resources but no time Consumes time, but no resources Is a dangling event Consumes neither time nor resources ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Two alternatives can produce a product. First have a fixed cost of Rs. 2000 and a variable cost of Rs. 20 per piece. The second method has a fixed cost of Rs. 1500 and a variable cost of Rs. 30. The break even quantity between the two alternatives is 75 50 25 100 75 50 25 100 ANSWER DOWNLOAD EXAMIANS APP
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