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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. Explain and please provide the excel formulas. OBERVATIONS (minutes per cycle) Element Performance Rating 1 2 3 4 5 6 1 90% 0.44 0.50 0.43 0.45 0.48 0.46 2 85 1.5 1.54 1.47 1.51 1.49 1.52 3 110 .84 0.89 0.77 0.83 0.85 0.82 4 100 1.10 1.14 1.08 1.20 1.16 1.26 a) Determine the average cycle time for each element. b) Find the normal time for each element. c) Assuming an allowance factor of 15 factor of 15 percent of job time, compute the standard time for this job.
The return on assets effect (ROA) quantifies and measures:
Which is the international standard for quality management for automotive industry suppliers of production parts, materials, and services?
Three fast-food chains are discussed in the text. McDonald's traditional process is make-to-stock; Wendy's has a make-to-order process; Burger King has a process which is a hybrid of the other two. Discuss the advantages and disadvantages of each of ..
What specific steps might you take early in the team's life to ensure that the new team is able to avoid someof the problems Hackman identified. Is there any way to break down the overall group goal into subtasks so individual accountability can be..
Matchpoint Company produces 3 types of tennis balls: Heavy Duty, Regular, and Extra Duty, with a profit contribution of $24, $12, and $36 per gross (12 dozen), respectively. How many balls of each type will Matchpoint product? Which constraints are ..
Complete the external environmental scan for your organization (Xerox, Inc.). Perform an internal competitive environmental scan for your organization.
Formulate this problem as a transportation problem by constructing the appropriate cost and requirement table. Use the northwest rule to find an ibfs. Then use the transportation algorithm to find the optimal solution for this problem. (show your w..
The production process is most efficient when 12 units per day are produced at a cost of $119 per unit. Setup cost is $39. Inventory carrying cost at Johnson is determined to be 8 percent annually.
Which of the following is NOT a technique suggested in the textbook for Employee Empowerment?
Spending big on advertising has always been a key strategy for consumer products giant Procter & Gamble (P&G). With recent annual global ad spending over $9 billion, P&G is one of the world’s top advertisers. P&G was an early sponsor and producer of ..
Ethical Dilemma: For generations, the policy of Sears Roebuck and Company, the granddaddy of retailers, was not to purchase more than 50% of any of its suppliers' output. Sears is losing market share, has been acquired by K-Mart, and is eliminating j..
Explain the need to control “Knowledge” in any organization. Describe various areas of the knowledge that needs to be controlled. Consider an example of a business in an industry vertical other than IT/Computers, and describe how the “knowledge manag..
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