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

Halsey Premium plan
Day work plan
Rowan Plan
Taylor Differential Piece rate system

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Industrial Engineering and Production Management
Micro motion study is

Motion study of a sequence of operations conducted systematically
Study of man and machine conducted simultaneously
Motion study observed on enhanced time intervals
Analysis of a man-work method by using a motion picture camera with a timing device in the field of view

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