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B) The standard time for this process = ? (round your response to two decimal places) Peter Rourke, a loan processor at Royal Bank, has
B) The standard time for this process = ? (round your response to two decimal places)
Peter Rourke, a loan processor at Royal Bank, has been timed performing four work elements, with the results sho in the following table. The allowances for tasks such as this are personal, 7%; fatigue, 12%; and delay, 3%. a) The normal time for the complete operation is minutes (round your response to two decimal places)Step by Step Solution
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