Find the standard time for operation

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1. An analyst has timed a metal-cutting operation for 50 cycles. The average time per cycle was 11.0 minutes, and the standard deviation was 1.20 minutes for a worker with a performance rating of 136 percent. Assume an allowance of 10 percent of job time. Find the standard time for this operation. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

2. The group of runners that finished behind Usain Bolt was closely bunched and were said to have competitive parity. Burger King and Wendy’s have a similar market share in the 5% range. Which of the following likely underlies the comparative parity of these firms? Multiple Choice They both target a similar customer base. Their drive-through performance is poor. They both compete against McDonald's. They are primarily focused on hamburgers. They have similar strategic resources and strategies.

Reference no: EM132205025

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