Determining the normal and standard time

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Reference no: EM1377060

As a time study analyst, you have observed that a employee has manufactured forty parts in a one hour period. From your experience, you rate the employee as performing slightly faster than 100 percent--so you estimate performance as 110%. The company allows 15% of job time for fatigue and delay. Use excel to show each problem.

A. What is the normal time?
B. What is the standard time?
C. If a worker produces 300 units per day and has a base rate of $10. Per hour, what would the day's wages be for this worker if the company operates on a piece-rate payment plan?

 

Reference no: EM1377060

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