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Production Management and Industrial Engineering - Interview Questions and Answers

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21. 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
A. Rowan Plan
B. Bedaux Plan
C. Taylor Differential Piece rate system
D. Halsey Premium plan
E. Day work plan.
Explanation:
22. Which of the following incentive pleasures a part of the swing to the worker and rest to the employer
A. Emerson efficiency plan
B. Taylor plan
C. Halsey premium plan
D. Piece rate system
E. Gilberth plan.
Explanation:
23. Replacement studies are made on the fol-lowing basis:
A. annual cost method
B. rate of return method
C. total life average method
D. present worth method
E. any one of the above.
Explanation:
24. In braek-even analysis, total cost consists of
A. fixed cost
B. variable cost
C. fixed cost + variable cost
D. fixed cost + variable cost + over-heads
E. fixed cost + sales revenue.
Explanation:
25. 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
A. sinking fund method
B. straight line method
C. A-B-C charging method
D. annuity charging method
E. diminishing balance method.
Explanation:
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