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To determine the standard working time for a special job, following observation data is collected: Observation 1 2 3 4 5 6 7 8 Time (in second) 17 18 15 14 13 15 16 13 a) If the person observed worked at a pace that is 80 percent of normal, and if the appropriate allowance for this task is 25 percent of job time, what should be the standard time? b) How many observations would be needed to be 95% confident that the maximum error in the observed time is 1 second? Assume that the standard deviation of the task time is 2 seconds. c) How many observations would be needed to be 99 % confident that the maximum error is 5% of the observed time? Assume that the standard deviation of the task time is 2 seconds. Thank you!! Please show the work so I know how to properly solve.
Should there be greater government regulation with respect to selling to vulnerable consumers? Be sure to support your discussion
Imagine you are the marketing manager for a U.S. manufacturer of paper products (including paper plates, paper towels, napkins, toilet paper, and tissues).
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If holding costs were to increase by $9 per year, how much would that affect the minimum total annual cost?
Explain the company's decision environment, risk management, and how the organization resolves conflict through the strategic negotiation process.
What is the Expected Utility of each of Mark's decision alternatives? He is considering opening a competing bookstore near the campus
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What is this year's forecast using the linear trend (regression approach)?
Conflict resolution is a necessary skill for any manager or leader. In this assignment, you will examine the difference between conflict and competition.
Assume for a moment that you are the HR Manager for a medium size company. How would you try to get individual managers to be more aware of the legal requirements of staffing systems and to take steps to ensure that they themselves engage in legal..
how much of the porfolio value in percentage you would have to invest in the zero-coupon bond, and how much in the perpetuity ?
Our firm represents David Johanssen, a doctor specializing in internal medicine.
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