3. A company is planning to introduce a wage system for their employees in the future. They are considering two proposals viz., Straight Piece Rate System and Merrick’s Differential Piece Rate System....

3. A company is planning to introduce a wage system for their employees in the future. They are considering two proposals viz., Straight Piece Rate System and Merrick’s Differential Piece Rate System. The observed the performance of three workers in the past for analysis before selecting the method which are given as under. Worker A – 390 units Worker B – 450 units Worker C – 600 units. The following further information also available from the company’s record. Working hours per day is 8 Normal rate per hour: K 5.40 Standard time per unit: 1 minute You are requested to give your observation on the above situation. (Word Limit 200 excluding exhibits and table)