A furniture company just completed a work analysis on the total completion time for dying process of handmade dining tables. They have concluded that on average the process takes 27 minutes. However they want to incorporate the performance of the workers and allowance time on this observed value. They think the people they observed was somehow slow, hence they want to use a performance rate of 0.93 and they also want to allow 10% (allow=0.1) of job time. Based on these parameters please calculate the normal and standard time estimates for this process.
A furniture company just completed a work analysis on the total completion time for dying process of handmade dining tables. They have concluded that on average the process takes 27 minutes. However they want to incorporate the performance of the workers and allowance time on this observed value. They think the people they observed was somehow slow, hence they want to use a performance rate of 0.93 and they also want to allow 10% (allow=0.1) of job time. Based on these parameters please calculate the normal and standard time estimates for this process.
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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