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Industrial Engineering and Production Management

Answer: C

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Answer: B

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83.

Which of the following incentive plans ensures a part of the swing to the worker and rest to the employer?

Answer: C

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84.

In the cost structure of a product, the selling price is determined by the factors such as

Answer: D

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85.

The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as

Answer: C

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Answer: D

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87.

If ‘F’ is the fixed cost, ‘V’ is the variable cost per unit (or total variable costs) and ‘P’ is the selling price of each unit (or total sales value), then break-even point is equal to

Answer: D

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Answer: A

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Answer: B

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Answer: D

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