The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as
Rowan Plan
Taylor Differential Piece rate system
Halsey Premium plan
Day work plan
- A CPM family includes
- When slack of an activity is negative
- Which of the following are the principles of material handling?
- Which of the following organisations is best suited for steel plants
- Current assets include
- Breakeven analysis is a
- Pick up the correct statement from the following
- In micro-motion study, therblig is described by
- According to Rowan plan of wage incentive system, bonus is paid to a worker
- Breakeven point is the point where
- At the breakeven point,
- The critical path of a network represents
- In breakeven analysis, total cost consists of
- The factors which are to be considered while developing a good wage incentive plan will include
- The breakeven point represents
- The basic difference between PERT and CPM is that
- If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual…
- In break even analysis, total cost consists of
- A big advantage of PERT over Gantt charts is that in the former case
- Linear programming can be applied successfully to
- Micro-motion study involves following number of fundamental hand motions
- In A-B-C analysis, which class of items are generally large in number?
- Product layout is best suited where
- O on a PERT/CPM chart represents
- In the Emerson efficiency plan, a worker receives only his daily wage and no bonus is paid till his…
- A company spends considerable amount on publicity to promote sales. This expenditure in break even chart…
- For handling materials during manufacture of cement, a _________ is widely used.
- Work study comprises following main techniques
- Which of the following plans motivates supervisors by paying a premium on time saved by workers?
- Earliest finish time can be regarded as