Industrial Engineering and Production Management - Section 1 (7)

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Industrial Engineering and Production Management - Section 1

49. 

In time study, the rating factor is applied to determine
A. standard time of a job
B. merit rating of the worker
C. fixation of incentive rate
D. normal time of a worker

Answer: Option D

Explanation:

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50. 

The aim of value engineering is to
A. find the depreciation value of a machine
B. determine the selling price of a product
C. minimise the cost without change in quality of the product
D. all of the above

Answer: Option C

Explanation:

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