The time required to complete a job is established and a bonus is paid to the worker based on the exact % of time saved. This type of incentive plan is known as
A. Dry work Plan
B. Halsey Premium Plan
C. Taylor Plan
D. Rowan Plan
Answer: Option D
Solution(By Examveda Team)
Under Rowan Plan, the standard time for the completion of a job and the rate per hour is fixed. If the time taken by the worker is more than the standard time, then he is paid according to the time rate, i.e. time taken multiplied by the rate per hour.This Question Belongs to Mechanical Engineering >> Industrial Engineering And Production Management
Join The Discussion
Comments ( 5 )
Related Questions on Industrial Engineering and Production Management
The essential condition for the decompression of an activity is that
A. The project time should change due to decompression
B. After decompression the time of an activity invariably exceeds its normal time
C. An activity could be decompressed to the maximum extent of its normal time
D. None of the above
A. CAM < DAM
B. CAM > DAM
C. CAM = DAM
D. There is no such criterion
I think, hear we are taken exect %of time save hence Rowan plane is correct answer. D is correct
option B . Halsey premium plan is correct answer
Halsey plan
I think it's Halsey plan
I think it's Halsey plan