Halsey plan of wage incentive
Is not applied to all level of workers
Is applied to all level of workers
Does not guarantee minimum wage
Is based upon efficiency of worker
Correct Answer :
B. Is applied to all level of workers
Related Questions
In a line organisation
Responsibility of each individual is fixed
Discipline is strong
Quick decisions are taken
All of these
Queueing theory is used for
Inventory problems
Traffic congestion studies
Job-shop scheduling
All of the above
Abbreviated work factor data is applied for
Material handling operation
Maintenance operation
Packing and shipping operation
All of these
An optimum project schedule implies
Optimum utilization of men, machines and materials
Lowest possible cost and shortest possible time for project
Timely execution of project
To produce best results under given constraints
The process capability of a machine is defined as the capability of the machine to
Produces a definite volume of work per minute
Perform definite number of operations
Produce job at a definite spectrum of speed
Holds a definite spectrum of tolerance and surface finish
In the Halsey 50-50 plan, the following are rewarded more
Past good workers
Past poor workers
Past average workers
All of the above
The difference between the time available to do the job and the time required to do the job, is known as
Event
Float
Duration
Constraint
A PERT network has three activities on critical path with mean time 3, 8 and 6 and standard deviations 1, 2 and 2 respectively. The probability that the project will be completed in 20 days is
0.50
0.66
0.84
0.95
Fixed position layout is also known as
Analytical layout
Synthetic layout
Static product layout
None of these
The correct sequence of phases in value engineering is
Creative phase, information phase, investigation phase, evaluation phase
Information phase, creative phase, investigation phase, evaluation phase
Investigation phase, information phase, creative phase, evaluation phase
Creative phase, investigation phase, evaluation phase, information phase
Standard time is equal to
(Normal time) - (allowances)
(Normal time) + (allowances)
Representative time multiplied by rating factor
Normal time taken by an operation
Product layout is used for
Job production
Batch production
Mass production
Any one of these
In Emerson's efficiency plan of wage incentive system, bonus is paid to a worker
Whose output exceeds 67% efficiency
On the percentage of time saved
On the percentage of time worked
On the percentage of standard time
Which of the following type of layout is suitable for automobile manufacturing concern?
Product layout
Process layout
Fixed position layout
Combination layout
The factors which are to be considered while developing a good wage incentive plan will include
Adequate incentive
Ease of administration
Guaranteed basic pay
All of these
Which of the following statement is correct?
A-B-C analysis is based on Pareto's principle
Simulation can be used for inventory control
Economic order quantity formula ignores variations in demand pattern
All of the above
Statistical quality control techniques are based on the theory of
Quality
Statistics
Probability
All of the above
Product layout is also known as
Analytical layout
Synthetic layout
Static product layout
None of these
Performance rating is equal to
Observed performance + normal performance
Observed performance - normal performance
Observed performance × normal performance
None of the above
A low unit cost can be obtained by following
Product layout
Functional layout
Automatic material handling equipment
Specialisation of operation
The type of organisation preferred for a steel industry, is
Line organisation
Functional organisation
Line and staff organisation
Line, staff and functional organisation
The deductions for, employees provident fund start
Immediately on joining the service
After 60 days of joining the service
After 100 days of joining the service
After 240 days of joining the service
Graphical method, simplex method, and transportation method are concerned with
Breakeven analysis
Value analysis
Linear programming
Queueing theory
Military organisation is known as
Line organisation
Line and staff organisation
Functional organisation
All of the above
Pick up the incorrect statement from the following. A critical ratio scheduling
Establishes the relative priorities among various activities on a common basis
Determines the status of each activity
Adjusts automatically changes in activity progress
None of the above
Critical path moves along the activities having total float of
Positive value
Negative value
Zero value
Same value
Gantt charts are used for
Forecasting sales
Production schedule
Scheduling and routing
Linear programming
The probability distribution of project completion in PERT follows following distribution
Normal
Binomial
Exponential
Gaussian
The determination of standard time in a complex job system is best done through
Stop watch time study
Analysis of micro-motions
Grouping timing technique
Analysis of standard data system
Choose the wrong statement. Motion study is used for
Improving a work method
Improvising a work method
Designing a work method
Reducing inventory costs