Ie Mid 2

Download as pdf or txt
Download as pdf or txt
You are on page 1of 6

STATE BOARD OF TECHNICAL EDUCATION AND TRAINING

TELANGANA
DIPLOMA EXAMINATION (C-18)
C-18-MID-2-EVEN-APR-2022
SEMESTER V , MID-II EXAM
18M-504E(A) 6597
Industrial Engineering
Answer Key

Exam Date: 18-04-2022 Session: AN


Duration: 1 Hour [01:30 PM To 02:30 PM] [Total Marks: 20]

PART-A

Instructions: 1. Answer the following questions. 4X1=4


2. Each question carries ONE mark.

1. What are the types of non-quantitative techniques of job evaluation?


Ans.
There are two types of Non quantitative or Qualitative techniques, they are:
a) Ranking method
b) Classification method.

2. Define job description.


Ans.
Job Description : It is an abstract of information received from the job
analysis report. It gives information regarding the responsibilities, skill or
training required, working conditions and type of persons employed for
performing the job.

3. Define minimum wages.


Ans.
The least amount of remuneration which a worker should be paid so that he
can survive and support his family is called minimum wage . These wages
are paid to the workers irrespective of its financial position either it runs in
profits or losses.

4. Write any one objective of incentives.


Ans.
(Any one )

•To induce and motivate workers to higher efficiency and greater output.

•To reduce cost, reduced supervision, better utilization of equipment

reduced lost time, reduced absenteeism and increased earnings of the


workers.

PART-B

Instructions: 1. Answer the following questions. 2X3=6


2. Each question carries THREE marks.

5(a). Write any three advantages of merit rating.


Ans.
Advantages of merit rating:
1. Meritorious employees are encouraged.
2. Employee- employer relations are improve.
3. It is easy to deal with the unions as merit rating is a systematic method
to rate the employees.
4. It involves lesser calculations as compared to the incentive schemes.
5. It helps designing promotion criterion.
6. It helps to identify the person responsible for poor merit.

(any three)

----- OR ----
5(b). What is the purpose of merit rating?
Ans.
1. Merit rating provides a record of the worth of employees; they,
therefore, can be put on the most appropriate jobs depending upon their
capabilities.
2. Merit rating unfolds the limitations of an employee and this helps in
employee improvement.
3. Merit rating records form a basis for :

a. Wage increase,
b. Promotion,
c. Special assignments,
d. Training,
e. Transfer, and
f. Discharge.

6(a). State the Halsey premium plan .


Ans.
An Hourly wage rate and standard time for the completion of job is fixed by
the management fron previous records, in this plan minimum base wage is
guranteed .the worker is paid agreed rate of wages for the time spent on
the job.

The worker is paid the agreed rate per hour for the time spent there on
plux a fixed percentage of the time he saved on the job.

thus the earnings of the worker is calculated by using formula

where R= hourly wage rate, T= actual time taken to complete the job ,S =
standard time or allowed time ,P = fixed percentage on the time saved
given to worker

----- OR ----
6(b). If standard time for a job is 20 hours and rate per hour is Rs. 5 . Calculate
the wages to be paid for who finishes job in 16 hours under Rowan's plan.
Ans.
Standard time S = 20 hours

Hourly rate R = Rs 5 / -

Actual time taken T = 16 hours

Earnings of a wroker E = R . T + [( S -T) / S ] R.T

= 5 x 16 + [20 - 16 / 20 ] 5 x 16

= 80 + 16 = Rs 96 /-

He earns Rs . 96 /- for 16 hours

Hourly earnings = 96 /16 = Rs. 6 / hour


PART-C

Instructions: 1. Answer the following questions. 2 X 5 = 10


2. Each question carries FIVE marks.

7(a). Explain employee comparison method of merit rating.


Ans.
Employee Comparison Method :
This method compares a worker on a job with aII other workers on the
same job, in pairs. Suppose there are four workers namely A ,B,C and D.
Then
A is compared with B and suppose A is better.
A Is compared with C and suppose C is better.
A is compared wilh D and suppose D is better.
Next.
B is compared with C and suppose C is better.
B is compared with D and suppose D is better.
C is compared with D and suppose C is better.
The summary of the results shows that
A turned to be better in 2 times
B turned to be better in Nil times
C turned to be better in 3 times
And D turned to be better in 1 time
Therefore, the worker C is taken to be the best worker.
This method consumes much time, especially when the number of
employees to be compared as large.

----- OR ----
7(b). Describe the procedure of job evaluation in detail.
Ans.
Procedure to conduct job evaluation:
Following steps are to be followed while conducting job evaluation.
1. Select the job to be evaluated.
2. Select most suitable method or technique to evaluate the selected job.
3. Analyse the job and select major job characteristics, then minor ones.
4. Inform to all concerned workers foremen about the job to be evaluated.
5. Build definitions and their measuring scale, for comparison purposes.
6. Prepare job rating proforms and questionnaires and collect initial
description.
7. Sort out initial descriptions and establish grades or classes.
8. Identify and evaluate the key jobs.
9. Evaluate the remaining jobs and award the job title to them.
10. While job rating make sure that representation of workers should be
considered.
11. For key jobs only make inter-company survey, but try to find at least
one particular grade.
12. Transfer the rating values in money values temporarily.
13. Plot a scatter diagram. for more sure key jobs and end jobs .
14. Bargain on wage structure.
15. Decide the range limits and line of reference.
16. Readjust all rates relative to the line of reference, put Into working
forms and finally fix all operation procedures.

8(a). Explain the incentive schemes for executives.


Ans.
Incentives to the Executives may be in the form of

•Bonus,Issue of Shares,Profit Sharing and Fringe Benefits.

BONUS: It may be paid to the Executive Staff in proportion to their merits,


Job Requirements, Salary Drawn by them etc.

ISSUE OF SHARES:•Company Shares may be allotted to Executive Staff.

•Managers think that they are partners in the Company.

•They have to work hard for the prosperity of the Organization.

•They naturally exhibit Loyalty and Co-Operation.

PROFIT SHARING

•Portion of the Company Profits may be shared to indirect labour in


addition to their normal wages.

•The share of Profit which goes to a particular person depends upon his
salary, merits and responsibilities.

•This system is simple. But, efficient staff have no special reward.

•Profits may be distributed in the form of money or company shares.

Fringe Benefits:•Some of the welfare measures like medical facilities,


free accommodation, transportation, phone facilities, children education
facilities etc., have a sound effect on the staff.

----- OR ----
8(b). Define incentives and state the difference between financial incentives and
non- financial Incentives.
Ans.
Incentives : Workers working in industries are not willing to work to their
full capacity . even some of the workers waste their working hours ,as their
wages per day remain same irrespective of output .in such cases their
interest in work created by some kind of reward this reward is called
incentives (2 marks)

Financial incentives : Financial incentives involve direct money payment


for better performance of the worker .in addition to the extra payment for
the immediate work contribution , workers may receive additional financial
benefits in the form of bonus ,premium or profit sharing . (1.5 marks)

Non - Financial incentives : The financial incentives must be supported


by non-financial incentives , since only cash wages can not help in solving
the problem of industrial productivity . in order to create interest in a
worker for greater and better output . Non - Financial incentives must also
be enforced and workers will also enjoy richer and fuller life (1.5 marks)

You might also like