Group Incentives/Team based Compensation Under individual incentive system workers are paid on the basis of their personal performance.
Their wages will be directly linked to their efforts.
A worker may improve his remuneration by raising the level of output.
35) The most suitable incentive plan for the maintenance section of an industry will be
Answer is:
group incentive plan
Explanation:
Related Industrial Engineering MCQ with Answers
Answer is:
one half
Explanation:
Both Rowan plan and 50-50 Halsey plan will provide the same earning when the actual time is One-half the standard time.
37) The factors which are to be considered while developing a good wage incentive plan will include.
Answer is:
all of these
Explanation:
The factors which are to be considered while developing a good wage incentive plan will include
* adequate incentive
* ease of administration
* guaranteed basic pay
Answer is:
all of these
Explanation:
Queueing theory is used for
- Inventory problems
- Traffic congestion studies
- Job-shop scheduling