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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.) Element 1 1234 2 3 4 Element 1 2 3 1 4.8 4 2 4.3 2.8 Click here for the Excel Data File CYCLE 3 4.8 3.8 3.8 4.8 3.3 4.3 3.3 Observed Time 4 4.8 5 4.8 2.8 3.8 3.8 3.3 3.3 6 4.8 2.8 3.8 3.3

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.) Element 1 1234 2 3 4 Element 1 2 3 1 4.8 4 2 4.3 2.8 Click here for the Excel Data File CYCLE 3 4.8 3.8 3.8 4.8 3.3 4.3 3.3 Observed Time 4 4.8 5 4.8 2.8 3.8 3.8 3.3 3.3 6 4.8 2.8 3.8 3.3

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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**Problem 7-4 (Algo)** 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 Times Table:** | Element | 1 | 2 | 3 | 4 | 5 | 6 | |---------|-----|-----|-----|-----|-----|-----| | 1 | 4.8 | 4.3 | 4.8 | 4.8 | 4.8 | 4.8 | | 2 | — | 2.8 | — | 2.8 | — | 2.8 | | 3 | 3.8 | 3.8 | 4.8 | 3.8 | 3.8 | 3.8 | | 4 | 3.3 | 4.3 | 3.3 | 3.3 | 3.3 | 3.3 | --- Click here for the Excel Data File --- **Observed Time Calculation Table:** | Element | Observed Time | |---------|---------------| | 1 | | | 2 | | | 3 | | | 4 | | --- In the tables, elements are listed along with their observed times for different cycles. Element 2 is noted with a dash (`—`) in alternating cycles, indicating it is only observed every other cycle.
Transcribed Image Text:**Problem 7-4 (Algo)** 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 Times Table:** | Element | 1 | 2 | 3 | 4 | 5 | 6 | |---------|-----|-----|-----|-----|-----|-----| | 1 | 4.8 | 4.3 | 4.8 | 4.8 | 4.8 | 4.8 | | 2 | — | 2.8 | — | 2.8 | — | 2.8 | | 3 | 3.8 | 3.8 | 4.8 | 3.8 | 3.8 | 3.8 | | 4 | 3.3 | 4.3 | 3.3 | 3.3 | 3.3 | 3.3 | --- Click here for the Excel Data File --- **Observed Time Calculation Table:** | Element | Observed Time | |---------|---------------| | 1 | | | 2 | | | 3 | | | 4 | | --- In the tables, elements are listed along with their observed times for different cycles. Element 2 is noted with a dash (`—`) in alternating cycles, indicating it is only observed every other cycle.
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