Discussion :: Industrial Engineering and Production Management - Section 1 (Q.No.28)
|Jeevaa said: (Sep 20, 2015)|
|Please anyone explain?|
|Lucky said: (Nov 4, 2016)|
|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.
|Anand said: (Nov 24, 2018)|
|Here the Right answer is B.|
|Abel said: (Nov 24, 2018)|
|I am not getting this, please explain the solution clearly.|
|Shrivardhan Gavali said: (Dec 28, 2019)|
|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.
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