Magic, Inc. carried out a time study of an existing job to develop new time standards. A worker was observed for 50 minutes. During that period, 42 units were produced. The analyst rated the worker as performing at an 85 percent performance rate. Allowances in the firm for rest and personal time are 10 percent. a. What is the normal time for the task? b. What is the standard time for the task?
Magic, Inc. carried out a time study of an existing job to develop new time standards. A worker was observed for 50 minutes. During that period, 42 units were produced. The analyst rated the worker as performing at an 85 percent performance rate. Allowances in the firm for rest and personal time are 10 percent. a. What is the normal time for the task? b. What is the standard time for the task?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Step 1: Introduction to processing time-
Operation management is performed in each manufacturing organization. It all deals with the management of the operating activities that are performed to achieve the set targets. Operations management is managing the practices of the business to bring efficiency and effectiveness to the operations of the organization. This is all related to the materials and the labours with goods and the services. The efficiency in these heads helps in getting the maximum profit to the organisation.
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