Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

Performance Observation ( minutes per cycle ) Element Rating 1 2 3 4 5 Prepare daily

Performance Observation (minutes per cycle)
Element Rating 1  2  3  4  5 
Prepare daily reports 115 %
36  40  32  43  40 
Photocopy results 110 %
12  9  36 *
15  13 
Label and package reports 85 %
2  4  5  5  6 
Distribute reports 90 %
14  19  22  16  46 ^
* Photocopying machine broken; included as delay in the allowance factor
^ Power outage; included as delay in the allowance factor
The allowance factor for this type of work is given to be
15%. 
(Round all intermediate calculations to two decimal places before proceeding with further calculations.)
Part 2
a) The normal time for the "prepare daily reports" operation = 
enter your response here
minutes (round your response to two decimal places).
Part 3
The normal time for the "photocopy results" operation = 
enter your response here
minutes (round your response to two decimal places).
Part 4
The normal time for the "label and package reports" operation = 
enter your response here
minutes (round your response to two decimal places).
Part 5
The normal time for the "distribute reports" operation = 
enter your response here
minutes (round your response to two decimal places).
Part 6
The normal time for the overall process = 
enter your response here
minutes (round your response to two decimal places).
Part 7
b) The standard time for this process = 
enter your response here
minutes (round your response to two decimal places).
Part 8
c) The number of observations that are required for a
90% 
confidence level within
5% 
accuracy = 
enter your response here
(round your response to the immediate higher whole number).

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting

Authors: J. David Spiceland, James Sepe, Mark Nelson

6th edition

978-0077400163

Students also viewed these General Management questions

Question

The main benefits of CPP are

Answered: 1 week ago

Question

1. Describe the need for and techniques of accounting analysis.

Answered: 1 week ago

Question

1. Identify and discuss different types of business analysis.

Answered: 1 week ago