Element 1 2 3 4 Performance Rating 80% 75 120 105 1 0.51 1.51 0.86 1.11 Click here for the Excel Data File Element 1 2 3 4 a. Determine the average cycle time for each element. (Round your answers to 3 decimal places.) Element 1 2 3 2 3 0.56 0.46 1.51 1.46 0.86 0.76 1.16 1.11 Average cycle 4 5 6 0.46 0.46 0.46 1.46 1.46 1.51 0.81 0.86 0.81 1.16 1.16 1.21 b. Find the normal time for each element. (Round your answers to 3 decimal places.) Normal time
Element 1 2 3 4 Performance Rating 80% 75 120 105 1 0.51 1.51 0.86 1.11 Click here for the Excel Data File Element 1 2 3 4 a. Determine the average cycle time for each element. (Round your answers to 3 decimal places.) Element 1 2 3 2 3 0.56 0.46 1.51 1.46 0.86 0.76 1.16 1.11 Average cycle 4 5 6 0.46 0.46 0.46 1.46 1.46 1.51 0.81 0.86 0.81 1.16 1.16 1.21 b. Find the normal time for each element. (Round your answers to 3 decimal places.) Normal time
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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Transcribed Image Text:c. Assuming an allowance factor of 21 percent of job time, compute the standard time
for this job. (Round your answers to 3 decimal places.)
Element
1
2
3
4
Standard time
Transcribed Image Text:A time study was conducted on a job that contains four elements. The observed times
and performance ratings for six cycles are shown in the following table.
OBSERVATIONS (minutes per cycle)
Element
1
2
3
4
Performance
Rating
80%
75
120
105
1
0.51
1.51
0.86
1.11
Click here for the Excel Data File
Element
1
2
3
4
Element
1
2
3
4
2
0.56
1.51
0.86
1.16
a. Determine the average cycle time for each element. (Round your answers to 3
decimal places.)
Average cycle
3
0.46
1.46
0.76
1.11
Normal time
4
5
6
0.46 0.46 0.46
1.46 1.46
1.51
0.81
0.81
0.86
1.16 1.16 1.21
b. Find the normal time for each element. (Round your answers to 3 decimal places.)
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