Given these observed times (in minutes) for four elements of a job, determine the observed time (OT) for each element. Note: The second element only occurs every other cycle. (Round your answers to 2 decimal places.) CYCLE Element 3 Element 1 2 1 3.1 3 4 2.1 1.6 2 2.6 1.1 - 2.1 3.1 2.6 1.6 3 3.1 Click here for the Excel Data File Observed Time 4 3.1 1.1 2.1 1.6 5 3.1 3.1 1.1 2.1 2.1 1.6 1.6
Given these observed times (in minutes) for four elements of a job, determine the observed time (OT) for each element. Note: The second element only occurs every other cycle. (Round your answers to 2 decimal places.) CYCLE Element 3 Element 1 2 1 3.1 3 4 2.1 1.6 2 2.6 1.1 - 2.1 3.1 2.6 1.6 3 3.1 Click here for the Excel Data File Observed Time 4 3.1 1.1 2.1 1.6 5 3.1 3.1 1.1 2.1 2.1 1.6 1.6
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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