Industrial Engineering and Production Management Which of the following wage incentive plan guarantees minimum wage to a worker and bonus is paid for the fixed percentage of time saved? Rowan plan Gantt plan Halsey plan Emerson's efficiency plan Rowan plan Gantt plan Halsey plan Emerson's efficiency plan ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The grouping of activities into organizational units is called Functional authority Corporate plans Higher level management Departmentation Functional authority Corporate plans Higher level management Departmentation ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The disadvantage of product layout is Production time is longer, requiring more goods in inventory High initial investment for the specialized facilities Skilled labour to operate machines High cost of inspection Production time is longer, requiring more goods in inventory High initial investment for the specialized facilities Skilled labour to operate machines High cost of inspection ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In Halsey 50-50 plan, output standards are established By time study From one's judgment All of these From previous production records By time study From one's judgment All of these From previous production records ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Replacement studies are made on the following basis Annual cost method Total life average method Any one of the above Rate of return method Annual cost method Total life average method Any one of the above Rate of return method ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management At the break-even point, Total cost is equal to sales revenue Total cost is less than the sales revenue Fixed cost is equal to variable cost Total cost is more than the sales revenue Total cost is equal to sales revenue Total cost is less than the sales revenue Fixed cost is equal to variable cost Total cost is more than the sales revenue ANSWER DOWNLOAD EXAMIANS APP
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