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Industrial Engineering and Production Management

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

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Industrial Engineering and Production Management
Service time in queuing theory is usually assumed to follow

Normal distribution
Exponential law
Poisson’s distribution
Erlang distribution

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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

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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

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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

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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

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