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
Correct Answer :
A. Whose output exceeds 67% efficiency
Related Questions
In micro-motion study, therblig is described by
A symbol
An event
An activity
Standard symbol and colour
Breakeven analysis is a
Short term analysis
Long term analysis
Average of short and long term analysis
Any one of these
Bar charts are suitable for
Minor works
Major works
Large projects
All of the above
Merit Rating is the method of determining worth of
A job
An individual employee
A particular division in workshop
Machine
In inventory control, the economic order quantity is the
Optimum lot size
Highest level of inventory
Lot corresponding to breakeven point
Capability of a plant to produce
F. W. Taylor introduced a system of organisation known as
Line organisation
Functional organisation
Line and staff organisation
Line, staff and functional organisation
Pick up the correct statement from the following
Programmer evaluation and review technique is event oriented
Programmer evaluation and review technique is not event oriented
Critical path method is event oriented
None of the above
String diagram is used
For checking the relative values of various layouts
When a group of workers are working at a place
Where processes require the operator to be moved from one place to another
All of the above
Breakeven analysis consists of
Fixed cost
Variable cost
Fixed and variable costs
Operation costs
Critical path on PERT/CPM chart is obtained by joining the events having
Maximum slack
Minimum slack
Average slack
No slack
In ABC control policy, maximum attention is given to
Those items which consume money
Those items which are not readily available
Those × items which are in more demand
Those items which consume more money
Material handling in automobile industry is done by
Overhead crane
Trolley
Belt conveyor
All of the above
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 Rowan plan, wages for the job will be
TR
TR + [(S - T)/2] × R
TR + (S - T) × R
TR + [(S - T)/S] × R
The linear programming techniques can be applied successfully to industries like
Iron and steel
Food processing
Oil and chemical
All of the above
In the Emerson efficiency plan, a worker receives only his daily wage and no bonus is paid till his efficiency reaches
50 %
66.67 %
75 %
80 %
In jobbing production
Highly skilled workers are needed
Unit costs are high
Operations are labour-intensive
All of these
A device used for lifting or lowering objects suspended from a hook at the end of retractable chains or cable is called
Hoist
Jib crane
Portable elevator
Chain conveyor
If E is the duration, ES and EF are die earliest start and finish times, LS and LF are latest start and finish times, then the following relation holds good
EF = ES + D
LS = LFD
LF = LS + D
All of the above
A milestone chart
Shows the inter dependences of various jobs
Depicts the delay of jobs, if any
Points outgoing ahead of schedule of jobs, if any
None of the above
PERT is
An analytic tool in concept
Limit up of event oriented diagrams
Used for research and development projects
All of the above
Breakeven point is the point where
Fixed and variable cost lines intersect
Fixed and total cost lines intersect
Variable and total cost lines intersect
Sales revenue and total expensive lines intersect
The most suitable incentive plan for the maintenance section of an industry will be
Piece rate system
Group incentive plan
Profit sharing plans
Simplification
Queueing theory deals with problems of
Material handling
Reducing the waiting time or idle time
Better utilization of man services
Effective use of machines
Pick up the correct step used for scheduling a project by C.P.M.
A project is divided into various activities
Required time for each activity is established
Sequence of various activities is made according to their importance
All of the above
In manufacturing management, the term 'Dispatching' is used to describe
Dispatch of sales order
Dispatch of factory mail
Dispatch of finished product of the user
Dispatch of work orders through shop floor
Which of the following wage incentive plan is applied to all workers?
Halsey plan
Gantt plan
Emerson's efficiency plan
Rowan plan
Bar chart is suitable for
Large project
Major work
Minor work
All of these
Works cost implies
Primary cost
Factory cost
Factory expenses
Primary cost + factory expenses
The technique for establishing and maintaining priorities among the various jobs of any project is known as
Event flow scheduling technique
Critical ratio scheduling
Slotting technique for scheduling
Short interval scheduling
PERT
Provides an approach for keeping planning up-to-date
Provides a way for management to require that planning be done on a uniform and logical basis
Permits management to foresee quickly the impact of variations from the plan
All of the above