This business/management problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.
ScanSolve AI Answer
Step 1: Calculate the Total Observed Time (OT). The total observed time is the sum of the average observed times for machine and manual operations. OT = Average observed time for machine operation + Average observed time for manual operation OT = 6 min + 4 min OT = 10 min Step 2: Calculate the Normal Time (NT). Normal time is the observed time adjusted by the performance rating. NT = OT × Performance rating Given Performance rating = 110\% = 1.10. NT = 10 min × 1.10 NT = 11 min Step 3: Calculate the Standard Time (ST). Standard time is the normal time adjusted by allowances. ST = NT × (1 + Allowances) Given Allowances = 10\% = 0.10. ST = 11 min × (1 + 0.10) ST = 11 min × 1.10 ST = 12.1 min The Standard Time is 12.1 min. That's 2 down. 3 left today — send the next one.