Industrial Engineering and Production Management The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as Day work plan Taylor Differential Piece rate system Halsey Premium plan Rowan Plan Day work plan Taylor Differential Piece rate system Halsey Premium plan Rowan Plan ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management PERT stands for Process Estimation and Review Technique Program Evaluation and Review Technique Program Estimation and Reporting Technique Planning Estimation and Resulting Technique Process Estimation and Review Technique Program Evaluation and Review Technique Program Estimation and Reporting Technique Planning Estimation and Resulting Technique ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which one of the following techniques is used for determining allowances in time study? Linear regression Acceptance sampling Performance rating Work sampling Linear regression Acceptance sampling Performance rating Work sampling ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The disadvantage of product layout is Skilled labour to operate machines High initial investment for the specialized facilities Production time is longer, requiring more goods in inventory High cost of inspection Skilled labour to operate machines High initial investment for the specialized facilities Production time is longer, requiring more goods in inventory High cost of inspection ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The break-even point represents The most economical level of operation of any industry The time when company can make maximum profits The time when unit can run without any loss and profit Time when industry will undergo loss The most economical level of operation of any industry The time when company can make maximum profits The time when unit can run without any loss and profit Time when industry will undergo loss ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Routing is essential in the following type of industry Mass production industry Job order industry Process industry Assembly industry Mass production industry Job order industry Process industry Assembly industry ANSWER DOWNLOAD EXAMIANS APP