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

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

100

50

25

75

100

50

25

75

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Industrial Engineering and Production Management
In the Halsey 50-50 plan, the following are rewarded more

All of the these

Past good workers

Past poor workers

Past average workers

All of the these

Past good workers

Past poor workers

Past average workers

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Industrial Engineering and Production Management
Halsey plan of wage incentive

Does not guarantee minimum wage

Is not applied to all level of workers

Is applied to all level of workers

Is based upon efficiency of worker

Does not guarantee minimum wage

Is not applied to all level of workers

Is applied to all level of workers

Is based upon efficiency of worker

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Industrial Engineering and Production Management
In a PERT chart

Only critical activities are numbered

Only selected activities are numbered

Only important activities should be numbered

All activities should be numbered

Only critical activities are numbered

Only selected activities are numbered

Only important activities should be numbered

All activities should be numbered

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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

Day work plan

Halsey Premium plan

Rowan Plan

Taylor Differential Piece rate system

Day work plan

Halsey Premium plan

Rowan Plan

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Industrial Engineering and Production Management
In time study, the rating factor is applied to determine

Fixation of incentive rate

Standard time of a job

Merit rating of the worker

Normal time of a worker

Fixation of incentive rate

Standard time of a job

Merit rating of the worker

Normal time of a worker

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Industrial Engineering and Production Management

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

Industrial Engineering and Production Management In the Halsey 50-50 plan, the following are rewarded more

Industrial Engineering and Production Management Halsey plan of wage incentive

Industrial Engineering and Production Management In a PERT chart

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

Industrial Engineering and Production Management In time study, the rating factor is applied to determine

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

Industrial Engineering and Production Management
In the Halsey 50-50 plan, the following are rewarded more

Industrial Engineering and Production Management
Halsey plan of wage incentive

Industrial Engineering and Production Management
In a PERT chart

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

Industrial Engineering and Production Management
In time study, the rating factor is applied to determine