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a. You are chartered to set a time standard for a worker assembling 96 piece jigsaw puzzles. The following times have been collected from five different operators with one observation per operator. The times and ratings for the job are
Operator Time (in minutes) Rating1 9 120 2 11.1 100 3 12 95 4 10.9 100 5 12.3 85
What is the normal time for this job? What is the standard time for this job with the assumption of a 20% allowance for personal, fatigue and delay? What are the value judgments you must make for the standard to be useful and implementable?
Time and Motion Study
Transforming Inputs into Outputs - Productivity Measures As will become clearer during the course of this chapter, a more quantitative definition of productivity cannot easily
In a rectangular game, pay-off matrix of player A is as follows: Player B B1 B2 Player A A1 A2 i) Solve the game. ii) Write down the pay-off matrix of B and then, solve the g
Johnson, Inc., a U.S.-based MNC, will need 10 million Thai baht on August 1. It is now May 1. Johnson has negotiated a non-deliverable forward contract with its bank. The reference
Benefits of outsourcing and how to improve capacity using ratio rastionalisation and sub contracting
McDonalds Inventory $128.40Revenue $17, 140.50COGS $ 11943, 70Gross Profit $5,196.80 Wendy's Inventory: $54.40Revenue: 3148.90COGS: 1634.60Gross Profit: 1514.40 A. What were
Service Level Agreements are normally associated with Outsourcing.
When JetBlue left their customers sitting on the tarmac for hours on Valentine's Day, and their CEO was ultimately terminated as a result, the company was responding to (pick the b
The Managing Director of Beauty Soaps Ltd just visited a soap manufacturing firm in Malaysia and he was immensely impressed by its raw materials stock management System. He wanted
neater eater hamburger joints frequency distribution operation research problem
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