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A worker-machine operation was found to involve 3.3 minutes of machine time per cycle in the course of 40 cycles of stopwatch study. The worker's time averaged 1.9 minutes per cycle, and the worker was given a rating of 120 percent (machine rating is 100 percent). Midway through the study, the worker took a 10-minute rest break. Assuming an allowance factor of 12 percent of work time which is applied only to the worker element (not the machine element), determine the standard time for this job. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
What do you think about corporate social responsibility (CSR)? Make sure to clarify the role of institutions in society as part of your answer. What do you think is the proper role of organizations towards the environment? Make sure to address the po..
A thin line differentiates employee grievances and employee complaints. Discuss the problems involved in defining a grievance, indicating why a broad definition of employee grievances is both confusing and necessary.
Discuss the impacts an improper or incomplete job evaluation can have on the company, its workforce and its employees. What factors can make a job evaluation more accurate?
Statements about the flexibility, cost and riskiness of short-term versus long term debt depend to a large extent on the type of short-term financing that is actually used. Three major types of short-term financing--accruals, accounts payable and ban..
Using the information from the Glendale Stadium Project (end of Chapter 6), you will create a MS Project schedule and answer the questions from the end of the case, however, you will note the following changes: How much slack / float is in your proje..
What order quantity would you use if the objective is to minimize total annual costs of holding, purchasing, and ordering? Assume ordering cost is $80/order.
Getz Minerals Inc. is confronted with the decision of building a processing plant. The options they are considering are build a large plant, build a small pant or do nothing. Getz Minerals has the option of conducting its own marketing research surve..
What recommendations would you make to improve the effectiveness of today's boards of directors? What is the relationship between corporate governance and social responsibility?
As a process analyst with a Hospital, you have been assigned the task to figure out the possible delays associated with admitting and treating patients in the ER. Please provide a fishbone / cause-effect diagram to analyze the problem.
The following vaccine trial was performed: 1000 randomly selected children two years of age were given a vaccine against a certain disease and followed for 10 years. Of these, 80% were never afflicted with the illness. Which is the most correct concl..
What is the importance of collecting and interpreting data and information about competitors and what practices should a firm use to gather competitor intelligence and why?
Explain how has technology fostered new cost effective virtual methods of training. Discusses explain how shift from labour intensive manufacturing to automation has affected product costing.
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