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1.

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



2.

If a worker gets a daily wage of Rs HA, then according to Rowan plan, his maximum daily earnings can be                        
A. 2 HA B. 1.33 HA
C. 1.5 HA D. 1.15 HA



3.

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 items which are in more demand D. those items which consume more money




4.

In order that linear programming techniques provide valid results                        
A. relations between factors must be linear (positive) B. relations between factors must be linear (negative)
C. (a) or (b) D. only one factor should change at a time, others remaining constant



5.

In the Emerson efficiency plan, a worker receives only his daily wage and no bonus is paid till his efficiency reaches                        
A. 50% B. 661%
C. 75% D. 80%



6.

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



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