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
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.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F30c79c87-15cc-44cc-8b53-ce374e4acc4a%2Fe1f08dd7-8609-483e-8612-f1c385892296%2Faawizy_processed.png&w=3840&q=75)
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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