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Production Technology

One of the basic essentials of an incentive plan is that_________________?

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
E. all standards should be based on time studies

One of the basic essentials of an incentive plan is that_________________? Read More »

Production Technology

The mathematical technique for finding the best use of limited resources in an optimum manner is known as___________________?

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
E. break-even analysis

The mathematical technique for finding the best use of limited resources in an optimum manner is known as___________________? Read More »

Production Technology

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_____________________?

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

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_____________________? Read More »

Production Technology