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In addition to the guaranteed hourly pay rate,John receives incentives for every item produced over the designated production standard.Which kind of incentive plan is used in this situation?
Power Factor Correction
Adding capacitance or inductance to a circuit to cause the current and voltage to become more in phase with each other.
Synchronous Condenser
A term used to describe a synchronous motor that is used to provide power factor correction.
Synchronous Speed
The speed at which the magnetic field in an AC machine rotates, typically in motors or generators, determined by the machine's electrical frequency and the number of magnetic poles.
Rotor Speed
The rotational speed of the rotor in a motor or generator, typically measured in revolutions per minute (RPM).
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