Which of the following wage incentive plan guarantees minimum wage to a worker and bonus is paid for the fixed percentage of time saved?
PERT stands for
Product layout is best suited where:
Travel charts provide
The mathematical technique for finding the best use of limited resources in an optimum manner is known as
Work study is concerned with:
CPM is the:
'Value' for value engineering and analysis purposes is defined as:
The product layout:
The allowed time for a job equals standard time plus
Break-even analysis can be used for
Break-even analysis shows profit when:
The unit cost in case of batch production is __________as compared to jobbing production.
Performance rating is equal to:
The production cost per unit can be reduced by
An event is indicated on the network by:
What does symbol 'D' imply in work study?
Standing orders which are statutory are applicable to:
Templates are used for:
An optimum project schedule implies
In the Halsey system of wage incentive plan, a worker is
String diagram is used:
Both Rowan plan and 50-50 Halsey plan will provide the same earning when the actual time is _________ the standard time.
Expediting function consists in keeping a watch on
Routing is essential in the following type of industry