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Operations Management
OBSERVATIONS (MINUTES) TASK ELEMENT PERFORMANCE RATING (%) 1 2 3 4 1 110 .5 .4 .6 .4 .4 2 95 .6 .8 .6 .7 90 .6 .4 .5 .5 4 85 1.5 1.8 2.0 1.7 1.5 5. 770

OBSERVATIONS (MINUTES) TASK ELEMENT PERFORMANCE RATING (%) 1 2 3 4 1 110 .5 .4 .6 .4 .4 2 95 .6 .8 .6 .7 90 .6 .4 .5 .5 4 85 1.5 1.8 2.0 1.7 1.5 5. 770

Practical Management Science
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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Peter Rourke, a loan processor a t Wentworth Bank,
has been timed performing four work elements, with the results
shown in the fo llowing table. The allowances for tasks such as
th is are personal, 7%; fa tigue, 10%; and delay, 3%.                                                                                     a) What is the normal time?
b) What is the standard time?                                                      
OBSERVATIONS (MINUTES) TASK ELEMENT PERFORMANCE RATING (%) 1 2 3 4 1 110 .5 .4 .6 .4 .4 2 95 .6 .8 .6 .7 90 .6 .4 .5 .5 4 85 1.5 1.8 2.0 1.7 1.5 5. 770
Transcribed Image Text:OBSERVATIONS (MINUTES) TASK ELEMENT PERFORMANCE RATING (%) 1 2 3 4 1 110 .5 .4 .6 .4 .4 2 95 .6 .8 .6 .7 90 .6 .4 .5 .5 4 85 1.5 1.8 2.0 1.7 1.5 5. 770
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