Mechanical Engineering - Industrial Engineering and Production Management - Discussion
Discussion Forum : Industrial Engineering and Production Management - Section 1 (Q.No. 28)
28.
If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Rowan plan, wages for the job will be
TR
TR + (S - T)R
Discussion:
6 comments Page 1 of 1.
Hrudi said:
5 years ago
T should be outside f whole bracket of rest of the terms. Options are incorrect.
(1)
Shrivardhan Gavali said:
6 years ago
In Rowan plan, bonus given is in the proportion of time saved.
We know that,
Wages = fixed wage + bonus.
Fixed wage = TR.
Bonus = bonus will be in the proportion of time saved.
= (Proportion of time saved ) * R.
= (S-T)/s * R.
Therefore D is the right answer.
We know that,
Wages = fixed wage + bonus.
Fixed wage = TR.
Bonus = bonus will be in the proportion of time saved.
= (Proportion of time saved ) * R.
= (S-T)/s * R.
Therefore D is the right answer.
Abel said:
7 years ago
I am not getting this, please explain the solution clearly.
ANAND said:
7 years ago
Here the Right answer is B.
Lucky said:
9 years ago
Rowan Plan : -
The bonus of the worker, who is able to finish the job in less than the allowed time, is equal to his time wage for that proportion of the time taken as the saved time bears to the time allowed.
In other words, the ratio between the bonus & the time saved is equal to the ratio between the time taken & the time allowed.
i.e., Bonus Hours = Time Taken.
Time Saved Time Allowed or Bonus hours: Time Saved :: Time Taken: Time Allowed.
The bonus of the worker, who is able to finish the job in less than the allowed time, is equal to his time wage for that proportion of the time taken as the saved time bears to the time allowed.
In other words, the ratio between the bonus & the time saved is equal to the ratio between the time taken & the time allowed.
i.e., Bonus Hours = Time Taken.
Time Saved Time Allowed or Bonus hours: Time Saved :: Time Taken: Time Allowed.
Jeevaa said:
10 years ago
Please anyone explain?
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