Latisha Simmons, a loan processor at Wentworth Bank, has been timed performing four work elements, with the results shown in thefollowing table.TaskElement1234PerformanceRating110%95%80%85%10.4460.6Observation (minutes per cycle)2341000738580.30.80.50.5to ao co in1.80.80.51.6The allowances for tasks such as this are personal, 8%; fatigue, 10% ; and delay, 3%.a) The normal time for the complete operation = minutes (round your response to two decimal places).b) The standard time for this process = minutes (round your response to two decimal places).0.80.50.50.41.71.950.50.60.51.4

Normal Time: The average time a worker takes to perform a task, weighted by their performance…

Answered: Latisha Simmons, a loan processor at…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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