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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Which of the following incentive plans ensures a part of the swing to the worker and rest to the employer?

Taylor plan
Halsey premium plan
Emerson efficiency plan
Gilbert plan

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Industrial Engineering and Production Management
Inventory management consists of

Stock control system
State of merchandise methods of storing and maintenance etc.
Effective running of stores
All of these

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Industrial Engineering and Production Management
An optimum project schedule implies

To produce best results under given constraints
Optimum utilization of men, machines and materials
Lowest possible cost and shortest possible time for project
Timely execution of project

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Industrial Engineering and Production Management
Slack of various events on the critical path in PERT/CPM chart

May increase or decrease depending on various factors
Decreases continuously
Remain constant
Increases continuously

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Industrial Engineering and Production Management
The objective of time study is to determine the time required to complete a job by

Fast worker
Average worker
New entrant
Slow worker

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

Past good workers
All of the these
Past poor workers
Past average workers

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