"CIM" Stands for Which of the Following

question 62

Multiple Choice

"CIM" stands for which of the following?

• A)Customer-integrated manufacturing
• B)Consumer-information manufacturing
• C)Computer-integrated manufacturing
• D)Computer-integrated monitoring
• E)Constantly-integrated manufacturing

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Definitions:

Gainsharing

A compensation system where employees receive bonuses based on the improvement of operational efficiency and performance within an organization.

Merit Pay System

A compensation strategy where employees receive pay increases based on their performance evaluations.

Gainsharing

A performance-based compensation program where the savings or gains from increased productivity are shared with employees.