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

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

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Industrial Engineering and Production Management
PERT

Permits management to foresee quickly the impact of variations from the plan
Provides a way for management to require that planning be done on a uniform and logical basis
All of the listed here
Provides an approach for keeping planning up-to-date

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