Mechanical Engineering

The bonus increases in proportion to the increase in efficiency. This statement applies to

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Question: The bonus increases in proportion to the increase in efficiency. This statement applies to
[A].

Halsey plan

[B].

Ganttplan

[C].

Emerson’s efficiency plan

[D].

Rowan plan

Answer: Option C

Explanation:

No answer description available for this question.

In Emerson’s efficiency plan of wage incentive system, bonus is paid to a worker

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Question: In Emerson’s efficiency plan of wage incentive system, bonus is paid to a worker
[A].

whose output exceeds 67% efficiency

[B].

on the percentage of time saved

[C].

on the percentage of time worked

[D].

on the percentage of standard time

Answer: Option A

Explanation:

No answer description available for this question.

According to Rowan plan of wage incentive system, bonus is paid to a worker

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Question: According to Rowan plan of wage incentive system, bonus is paid to a worker
[A].

whose output exceeds 67% efficiency

[B].

on the percentage of time saved

[C].

on the percentage of time worked

[D].

on the percentage of standard time

Answer: Option C

Explanation:

No answer description available for this question.

If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Rowan plan, wages for the job will be

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Question: If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Rowan plan, wages for the job will be
[A].

TR

[B].

[C].

TR + (S – T)R

[D].

Answer: Option D

Explanation:

No answer description available for this question.

If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Halsey 50-50 plan, wages for the job will be

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Question: If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Halsey 50-50 plan, wages for the job will be
[A].

TR

[B].

[C].

TR + (S – T)R

[D].

Answer: Option B

Explanation:

No answer description available for this question.

Which of the following wage incentive plan guarantees minimum wage to a worker and bonus is paid for the fixed percentage of time saved?

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Question: Which of the following wage incentive plan guarantees minimum wage to a worker and bonus is paid for the fixed percentage of time saved?
[A].

Halsey plan

[B].

Gantt plan

[C].

Rowan plan

[D].

Emerson’s efficiency plan

Answer: Option A

Explanation:

No answer description available for this question.

For a small scale industry, the fixed cost per month is Rs. 5000. The variable cost per product is Rs. 20 and sales price is Rs. 30 per piece. The break even production per month will be

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Question: For a small scale industry, the fixed cost per month is Rs. 5000. The variable cost per product is Rs. 20 and sales price is Rs. 30 per piece. The break even production per month will be
[A].

300

[B].

460

[C].

500

[D].

1000

Answer: Option C

Explanation:

No answer description available for this question.

If F is the fixed cost, V is the variable cost per unit (or total variable costs) and P is the selling price of each unit (or total sales value), then break even point is equal to

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Question: If F is the fixed cost, V is the variable cost per unit (or total variable costs) and P is the selling price of each unit (or total sales value), then break even point is equal to
[A].

[B].

[C].

[D].

Answer: Option D

Explanation:

No answer description available for this question.