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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?
Garden Variety Flower Shop uses 740 clay pots a month. The pots are purchased at $2 each. Annual carrying costs per pot are estimated to be 30 percent of cost, and ordering costs a
Uniform Plant Loading - Just In Time To use the JIT concept, it is essential that production flows as smoothly as possible. To maintain uniform flow, Japanese companies have s
Your company invests $50,000 today at an annual interest rate of 4.00%. The interest is compounded quarterly. Calculate the first quarter interest, the total annual interest and th
The case of Ellen Moore (A) Living and Working in Korea. Look at this case from the point of view of Andrew Kilpatrick. At this point in time, what would you do if you were Andrew?
After working for 30 years, Ramjee Somjee Dutt opted for VRS and started a courier company and did very well in the first four years. He was now looking for expansion of his busine
The effectiveness of any compensation system to attract, retain and align employee behavior and performance with the objectives of the enterprise is dependent upon management credi
Can we solve the problem of crime? How much responsibility does society have? Are our policies enough? What would you do differently, if anything?
Explain procedure of job evaluation. Procedure of Job Evaluation: The procedure for job evaluation is as specified below: (i) Know the jobs to evaluate. (ii) Selec
Consider a layout decision which has been made in your own organisation. How was the layout devised? What were the key issues?
Explain about the dedicated cell production in modern manufacturing environment. Dedicated cell production: Traditional production has been regarding the specialisation o
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