Consistent with standard performance

Assignment Help Macroeconomics
Reference no: EM131053857

The normal time to perform the regular work cycle is 4.43 min. In addition, an irregular work element with a normal time = 1.75 min is performed every 6 cycles. The PFD allowance factor is 17%.

Determine:

(a) the standard time

(b) the number of work units produced during an 8-hr shift if the worker's pace is consistent with standard performance.

(c) the anticipated amount of time lost per 8-hour shift.

(d) determine the standard hour and worker efficiency if 150 units are produced in 8-hour shift

(e) determine the payment of the worker per day if he produce 150 units in 8-hour shift [the wage rate is $10/hour)

Reference no: EM131053857

Questions Cloud

Describe an efficient way to search for and retrieve records : Describe an efficient way to search for and retrieve records
Determine the standard time per piece : Determine (a) the standard time per piece and (b) how many work units are produced during an 8-hour shift at 100% performance, and the worker works exactly 7.018 hr, which corresponds to the 14% allowance factor. (c) If the worker's pace is 120% a..
Main benefits and satisfactions that owner ed lavache : What are the main benefits and satisfactions that owner Ed LaVache recieves from his business?
Which of the indexes are dense, and which are not : Which of the indexes are dense, and which are not?
Consistent with standard performance : The normal time to perform the regular work cycle is 4.43 min. In addition, an irregular work element with a normal time = 1.75 min is performed every 6 cycles. The PFD allowance factor is 17%.
What is the order p of a b+-tree : What is the order p of a B+-tree?
The procurement manager of an organisation : a) Describe the key performance indicators that should be used to monitor the overall performance of the process. Give your reasons for the selected measurements.
Impossible for a profit maximizing monopolist : Why is it impossible for a profit maximizing monopolist to choose any price and quantity it wishes?
How does a b-tree differ from a b+-tree : How does a B-tree differ from a B+-tree?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Using geert hofstede dimension of culture

Using Geert Hofstede dimension of culture. Describe a significant different between cultures that you have witnessed?

  Many important economic theories develop as a result of

many important economic theories develop as a result of particular economic crises facing societies. can you locate

  Inflation problems search the internet for the 2013

inflation problems. search the internet for the 2013 economic report of the president and use the gdp deflator price

  Who have profited from the use of insider information

Binomial Distribution. An official from the securities commission estimates that 75% of all online bankers have profited from the use of insider information. Assume that 15 online bankers are selected at random from the commission's registry.

  What is your maximum consumer surplus if you accept the deal

Imagine cell phones are simple and the only thing consumers care about is minutes. Suppose a monopolist wireless company says, \The cell phone and the first 6 minutes are free, and the price of each additional minute is $2." Now suppose your deman..

  Keynesian economists favor active policymaking

Keynes is famous for saying: "In the long run we are all dead". How long is the long run? How long are you willing to wait for inflation to ease or for unemployment to improve?

  Changes in monetary policy

Prepare a page analysis - Changes in Monetary Policy - What is the maximum amount of new loans that this bank can make?

  Describe how households and businesses are slowing down the

Describe how households and businesses are slowing down the circular flows of money and goods and services during the economic slump.

  One of the major problems in macroeconomics is disagreement

One of the major problems in macroeconomics is disagreement in the debate over policy activism versus policy rules.

  Explain 3 assumptions concerning consumer behaviour

A consumer, D Carroll, spends all of his income on 2 goods X and Y. The 2 goods are both normal but are not complementary. The price of good X is reduced but the price of good Y is unchanged. The consumer continues to spend all of his income on th..

  Why does the budget require a forecast of the economy

Why does the budget require a forecast of the economy and under what circumstances would actual government spending and tax revenue fail to match the budget as approved - What has happened to the federal debt since 2008 as measured realative to GDP..

  Conduct a research review of the published literature

Conduct a research review of the published literature and write a concise summary and evaluation of the research that is related to unemployment

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd