Industrial Engineering and Production Management Which of the following wage incentive plan is applied to all workers? Gantt plan Rowan plan Halsey plan Emerson's efficiency plan Gantt plan Rowan plan Halsey plan Emerson's efficiency plan ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In the Emerson efficiency plan, a worker receives only his daily wage and no bonus is paid till his efficiency reaches 0.5 0.6667 0.8 0.75 0.5 0.6667 0.8 0.75 ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Halsey plan of wage incentive Is not applied to all level of workers Is based upon efficiency of worker Is applied to all level of workers Does not guarantee minimum wage Is not applied to all level of workers Is based upon efficiency of worker Is applied to all level of workers Does not guarantee minimum wage ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Halsey 50-50 plan, wages for the job will be TR TR + [(S - T)/S] × R TR + [(S - T)/2] × R TR + (S - T) × R TR TR + [(S - T)/S] × R TR + [(S - T)/2] × R TR + (S - T) × R ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management A graphical device used to determine the break-even point and profit potential under varying conditions of output and costs, is known as Break-even chart Flow chart PERT chart Gantt chart Break-even chart Flow chart PERT chart Gantt chart ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Simplex method is the method used for Value analysis Linear programming Queuing theory Network analysis Value analysis Linear programming Queuing theory Network analysis ANSWER DOWNLOAD EXAMIANS APP
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