Average Time (seconds) Observations 14 19 23 17 29 16
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...
Related questions
Question
A time study of an employee assembling peanut valves re-
sulted in the following set of observations. What is the stan-
dard time, given a performance rating of 95 percent and an
allowance of 14 percent of the total normal time?
![Average Time (seconds)
Observations
14
19
23
17
29
16](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc55937bc-6511-4f54-a778-ce8b22ee88fc%2F129f93df-d95c-49c1-9f92-718d114b987a%2Ffeztgf8_processed.png&w=3840&q=75)
Transcribed Image Text:Average Time (seconds)
Observations
14
19
23
17
29
16
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