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Discussion :: Industrial Engineering and Prod'n Mgmt

  1. The most suitable incentive plan for the maintenance section of an industry will be

  2. A.

     Piece rate system

    B.

     Group incentive plan

    C.

     Profit sharing plans

    D.

     Simplification

    View Answer

    Workspace

    Answer : Option B

    Explanation :

    Group Incentives/Team based Compensation Under individual incentive system workers are paid on the basis of their personal performance.
    Their wages will be directly linked to their efforts.
    A worker may improve his remuneration by raising the level of output


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