Which one of the following represents a group incentive plan?
Scanlon Plan
Rowan Plan
Taylor Differential Piece Rate System
Halsey Premium Plan
Correct Answer :
A. Scanlon Plan
Related Questions
The most suitable incentive plan for the maintenance section of an industry will be
Piece rate system
Group incentive plan
Profit sharing plans
Simplification
The term 'value' in value engineering refers to
Total cost of the product
Selling price of the product
Utility of the product
Manufactured cost of the product
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
The main objective of work measurement is to
Plan and schedule of production
Formulate a proper incentive scheme
Estimate the selling prices and delivery dates
All of the above
Gantt charts provide information about
Breakeven point analysis
Production schedule
Material handling layout
Determining selling price
Valve analysis is particularly of interest when
Jobbing work economics are involved
Production is on large scale
Only few components are involved
Costly equipment is used
The interchangeability can be achieved by
Standardisation
Better process planning
Bonus plan
Better product planning
Which of the following depreciation system ensures that the interest be charged on the cost of machine asset every year on the book value, but the rate of depreciation every year remains constant
Sinking fund method
Straight line method
ABC charging method
Annuity charging method
Positive slack on a PERT indicates that project is
Ahead of schedule
Beyond schedule
As per schedule
On critical path
The linear programming techniques can be applied successfully to industries like
Iron and steel
Food processing
Oil and chemical
All of the above
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
Military type of organisation is known as
Line organisation
Functional organisation
Line and staff organisation
Line, staff and functional organisation
Which of the following organisation is preferred in automobile industry?
Functional organisation
Line organisation
Staff organisation
Line and staff organisations
One time measurement unit (TMU) in method time measurement system equals
0.0001 minute
0.0006 minute
0.006 minute
0.001 minute
In micro-motion study, therblig is described by
A symbol
An event
An activity
Standard symbol and colour
Which of the following is not wage incentive plan?
Differential piece rate system
Rowan plan
Emerson plan
Taylor plan
The critical path of a network represents
The minimum time required for completion of project
The maximum time required for completion of project
Maximum cost required for completion of project
Minimum cost required for completion of project
String diagram is used when
Team of workers is working at a place
Material handling is to be done
Idle time is to be reduced
All of the above
Which of the following statement is correct about the network diagram?
The events are represented graphically by circles or nodes at the beginning and the end of activity by arrows.
The tail end of the arrow represents the start of an activity.
The head of the arrow represents the end of an activity.
All of the above
Which of the following charts are used for plant layout design?
Operation process chart
Man machine chart
Travel chart
All of these
Statistical quality control techniques are based on the theory of
Quality
Statistics
Probability
All of the above
Time study is
The appraisal, in terms of time, of the value of work involving human effort
Machine setting time
Time taken by workers to do a job
Method of fixing time for workers
A-B-C analysis
Is a basic technique of materials management
Is meant for relative inventory control
Does not depend upon the unit cost of the item but on its annual consumption
All of the above
Standard time is defined as
Normal time + allowances
Normal time + idle time + allowances
Normal time + idle time
Only normal time for an operation
PERT stands for
Programme Estimation and Reporting Technique
Process Estimation and Review Technique
Programme Evaluation and Review Technique
Planning Estimation and Resulting Technique
A critical activity has
Maximum slack
Minimum slack
Zero slack
Average slack
The most popular type of organisation used for Civil Engineering Constructions is
Line organisation
Line and staff organisation
Functional organisation
Effective organisation
Which one of the following represents a group incentive plan?
Scanlon Plan
Rowan Plan
Taylor Differential Piece Rate System
Halsey Premium Plan
In steel plant the most important system for materials handling is
Conveyors
Cranes and hoists
Trucks
Locos
A dummy activity in a net work diagram
Is represented by a dotted line
Is an artificial activity
Does not consume time or resources
All of these