Which of the following is not wage incentive plan_________________?
(A) differential piece rate system
(B) Rowan plan
(C) Emerson plan
(D) Taylor plan
(D) Halsey plan
One of the basic essentials of an incentive plan is that_________________?
(A) a differential piece rate system should exist
(B) minimum wages should be guaranteed
(C) provide incentive to group efficiency performance
(D) all standards should be based on optimum standards of production
(D) all standards should be based on time studies
According to Rowan plan, if H = hourly rate, A = actual time and S = standard time, then wages will be___________________?
(A) HA
(B) HA + (S~A) HA
(C) HA + ^^-H
(D) HA + ^^-H
(D) HA + ^^-HA
In A-B-C control policy, maximum attention is given to__________________?
(A) those items which consume money
(B) those items which are not readily available
(C) those x items which are in more demand
(D) those items which consume more money
(D) proper quality assurance program-mes
The mathematical technique for finding the best use of limited resources in an optimum manner is known as___________________?
(A) operation research
(B) linear programming
(C) network analysis
(D) queuing theory
(D) break-even analysis
The linear programming techniques can be applied successfully to industries like_________________?
(A) iron and steel
(B) food processing
(C) oil and chemical
(D) banking
(D) all of the above
The two-bin system is concerned with_________________?
(A) ordering procedure
(B) forecasting sales
(C) production planning
(D) despatching and expediting
(D) none of the above
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
(D) diminishing balance method
Ethyl fluid is used_______________________?
(A) to increase the octane rating of the fuel
(B) to increase the cetane rating of the fuel
(C) as a defrosting agent
(D) as a superior type of fluid compared to others
(D) to improve lubricating quality of fuel
Normal heptane_______________?
(A) accelerates auto-ignition
(B) helps to resist auto-ignition
(C) does not affect auto-ignition
(D) has no relation with auto-ighition
(D) retards auto-ignition