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Problem 7-3 (Algo) A time study was conducted on a job that contains four elements. The observed times and performance ratings for six cycles are

Problem 7-3 (Algo)

A time study was conducted on a job that contains four elements. The observed times and performance ratings for six cycles are shown in the following table.

OBSERVATIONS (minutes per cycle)
Element Performance Rating 1 2 3 4 5 6
1 90 % 0.45 0.50 0.40 0.40 0.40 0.40
2 85 1.45 1.45 1.40 1.40 1.40 1.45
3 120 0.80 0.80 0.70 0.75 0.80 0.75
4 105 1.05 1.10 1.05 1.10 1.10 1.15

Click here for the Excel Data File

a. Determine the average cycle time for each element. (Round your answers to 3 decimal places.)

b. Find the normal time for each element. (Round your answers to 3 decimal places.)

c. Assuming an allowance factor of 15 percent of job time, compute the standard time for this job. (Round your answers to 3 decimal places.)

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