The average time for the gift wrapping operation

Assignment Help Operation Management

Reference no: EM13759651

Jeff Lee Beans is famous for its boxed candies, which are sold primarily to businesses. One operator had the following observed times for gift wrapping in minutes 2.3, 2.6, 2.2, 2.4, 2.3. The operator has a performance rating of 110% and an allowance factor of 15%

The average time for the gift wrapping operation -- minutes

The normal time for the process -- minutes

The standard time for this gift-wrapping operation – minutes

Reference no: EM13759651

Questions Cloud

While valuation analysis is a quantitative exercise : While valuation analysis is a quantitative exercise, there are a number of judgements that the analyst must make in constructing the valuation.Identify, prioritise, and discuss the most important analytical choices in terms of their impact on the out..

Use information and information technologies : How can a goal-seeking, mission-driven, purposeful organization use information and information technologies to gain a competitive advantage in its attempt to outperform its competitors in achieving its goals?

Business professionals changing and expanding : How is the use of information and decision support systems for managers and business professionals changing and expanding? Why is it important for business managers to have an understanding of the systems development process?

Equally offset the expected long cash position : On Aug. 15 a feed barley producer feels that $300/t is a good price to sell the remainder of the un priced feed barley he/she is about to harvest since the December feed barley futures contract is trading at $300/t on the ICE.

The average time for the gift wrapping operation : Jeff Lee Beans is famous for its boxed candies, which are sold primarily to businesses. One operator had the following observed times for gift wrapping in minutes 2.3, 2.6, 2.2, 2.4, 2.3. The operator has a performance rating of 110% and an allowance..

Described their operation far more organic than mechanistic : In a recent job interview a company representative described their operation as "far more organic than mechanistic," which left you largely confused. You have always wanted to work for a company that considers the professional development of employee..

Forecasting methods gives a responsive forecast : Which of the following forecasting methods gives a responsive forecast?

Decide between two different conveyor belt system : Lang Industrial Systems Company (LISC) is trying to decide between two different conveyor belt systems. System A costs $212,000, has a four-year life, and requires $68,000 in pretax annual operating costs. System B costs $300,000, has a six-year life..

Supplier of chemicals-equipment used by some photographic : Foto Color is a Des Moines supplier of chemicals and equipment used by some photographic stores to process 35mm film. One product that Foto Color supp lies is BC-6. Brad Meyer, president of Foto Color, normally stocks 11, 12, or 13 cases of BC-6 each..

User Account

All Pages