Develop a differential piece rate plan for a shirt manufacturing company
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Hii
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Develop an imaginary plan of differential piece rates to be introduced for the workers, engaged in making furniture. Suppose standard output is fixed at 20 units and two workers A and B produces 24 and 16 units respectively.
Suppose standard output is fixed at 20 units and two workers A and B produces 24 and 16 units respectively.
Two piece rates are Rs. 100 and Rs. 75.
A will receive =100 x 24 = Rs. 2400
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