Scanlon Plan
Rowan Plan
Bedaux Plan
Taylor Differential Piece Rate System
past good workers
past poor workers
past average workers
all of the above
paid as per efficiency
ensured of minimum wages
not paid any bonus till his efficiency 2 reaches 66 %
never a loser
purchase value
saleable value
depreciated value
function/cost.
short run analysis
long run analysis
average of above two run analysis
there is no such criterion