During a time study in a machine shop, five observations of a milling operation performed by an operator whose rating factor is 95 percent yielded the following times (in minutes): 40, 48, 48, 46, and 42. The allowance for this type of operation is 15 percent. a. Determine the normal time for this operation. b. Determine the standard time for this operation.
During a time study in a machine shop, five observations of a milling operation performed by an operator whose rating factor is 95 percent yielded the following times (in minutes): 40, 48, 48, 46, and 42. The allowance for this type of operation is 15 percent. a. Determine the normal time for this operation. b. Determine the standard time for this operation.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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During a time study in a machine shop, five observations of a milling operation performed by an operator whose rating factor is 95 percent yielded the following times (in minutes): 40, 48, 48, 46, and 42. The allowance for this type of operation is 15 percent.
a. Determine the normal time for this operation.
b. Determine the standard time for this operation.
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