What is the normal time, Peter Rourke, a loan processor at

What is the normal time

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Reference no: EM13708820

Compute the normal and standard time for a task

10.25 Peter Rourke, a loan processor at Wentworth Bank, has been timed performing four work elements, with the results shown in the following table. The allowances for tasks such as TIS are personal. 7%; fatigue, 10%; and delay, 3%

SSSEA 1 2 3 4

TASK PERFORMANCE OBSERVATIONS (MINUTES)

ELEMENT RATING (%) 1 2 3 4 5

1 110 5 4 6 4 4

2 95 6 8 7 6 7

3 90 6 4 7 5 5

4 85 1.5 1.8 2.0 1.7 1.5

Part i- What is the normal time?

Part ii- What is the standard time?

I need a complete description about loan process at bank in standard and normal time.

Reference no: EM13708820

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