Industrial Engineering and Production Management Which one of the following represents a group incentive plan? Taylor Differential Piece Rate System Rowan Plan Halsey Premium Plan Scanlon Plan Taylor Differential Piece Rate System Rowan Plan Halsey Premium Plan Scanlon Plan ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Service time in queuing theory is usually assumed to follow Normal distribution Exponential law Poisson’s distribution Erlang distribution Normal distribution Exponential law Poisson’s distribution Erlang distribution ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Break-even analysis shows profit when Variable cost < fixed cost Sales revenue > total cost Sales revenue = total cost Sales revenue < total cost Variable cost < fixed cost Sales revenue > total cost Sales revenue = total cost Sales revenue < total cost ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Expediting function consists in keeping a watch on Flow of material and in case of trouble locate source of trouble Minimizing the delays Operator's activity Making efficient dispatching Flow of material and in case of trouble locate source of trouble Minimizing the delays Operator's activity Making efficient dispatching ANSWER DOWNLOAD EXAMIANS APP
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? Halsey premium plan Emerson efficiency plan Taylor plan Gilbert plan Halsey premium plan Emerson efficiency plan Taylor plan Gilbert plan ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The bonus increases in proportion to the increase in efficiency. This statement applies to Emerson's efficiency plan Halsey plan Gantt plan Rowan plan Emerson's efficiency plan Halsey plan Gantt plan Rowan plan ANSWER DOWNLOAD EXAMIANS APP