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To determine the standard working time for a special job, following observation data is collected: Observation 1 2 3 4 5 6 7 8 Time (in second) 17 18 15 14 13 15 16 13 a) If the person observed worked at a pace that is 80 percent of normal, and if the appropriate allowance for this task is 25 percent of job time, what should be the standard time? b) How many observations would be needed to be 95% confident that the maximum error in the observed time is 1 second? Assume that the standard deviation of the task time is 2 seconds. c) How many observations would be needed to be 99 % confident that the maximum error is 5% of the observed time? Assume that the standard deviation of the task time is 2 seconds. Thank you!! Please show the work so I know how to properly solve.
The organization has $200,000 in outstanding senior loans already which pays 6% interest also decides to issue $100,000 in preferred shares also $200,000 in common stock in order to finance its growth.
Describe the concept of the change management process within a project. Provide two specific reasons why having a structured change management
Mona wants to negotiate a bearer instrument in her possession to Nat for an order instrument in Nat's possession. Indorsements are required to negotiate
She must be able to pay cash for all corn at the time of purchase. Use linear programming to decide explain how Alexis can maximize her cash on hand at the end of April.
Identify possible constraints the hospital may experience in its supply chains. Describe the potential effect of implementing a new collaborative planning process. Justify implementing a new collaborative planning process.
It is July 2007. the contracting officer at fort Mason is about to be award a contract for a computer system which Post engineer will sue to track work orders also inventory illustrate what should be advices.
a) Construct the product structure tree for both fans and their component parts. b) Complete the MRP for the fans and their component parts.
Susan has a part-time "cottage industry" producing seasonal plywood yard ornaments for resale at local craft fairs and bazaars.
Illustrate what are three examples of businesses that use some sort of device to electronically collect information that can be used for forecasting.
What are the key planning factors for competitive success? Provide an example of an organization that has achieved competitive success through planning.
Under which perspective of the balanced scorecard would you classify each of the following measurements?
Does your company engage in any offshoring/outsourcing activities? If it does, what are these activities and what are some of the potential challenges/advantages? If your company does not engage in offshoring/outsourcing, which activities would be..
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