What is the standard time

Assignment Help Management Information Sys

Reference no: EM131258603

Virginia College promotes a wide variety of executivetraining courses for firms in the Arlington, Virginia, region. Director Wendy Tate believes that individually written letters add a personal touch to marketing.

To prepare letters for mailing, she conducts a time study of her secretaries.

On the basis of the observations shown in the following table, she wishes to develop a time standard for the whole job.

The college uses a total allowance factor of 12%. Tate decides to delete all unusual observations from the time study. What is the standard time?

Reference no: EM131258603

Questions Cloud

Probability that each one will be a different metal : What is the probability that each one will be a different metal?

What price will the firm charge : The following figure shows MC, AC, AVC, and MR for a firm in a perfectly competitive market. The firm wished to choose an output that leads to maximum profit. a) At what level of output will the firm operate?

Ethical issues for yourself and the patient : What are the potential ethical issues for yourself and the patient - What are the unknowns? List all the subjective and objective data you need.

Solution possible in the case of indoor smoking : In Minnesota, legal statutes now prohibit smoking in almost all bars and restaurants. Discuss the costs and benefits associated with this Command and Control regulatory approach to reducing indoor pollution.

What is the standard time : The college uses a total allowance factor of 12%. Tate decides to delete all unusual observations from the time study. What is the standard time?

Stable inflation by keeping unemployment : Suppose the Federal Reserve's policy is to maintain low and stable inflation by keeping unemployment at its natural rate. However, the Fed believes that the natural rate of unemployment is 4 percent when the actual natural rate was 5 percent.

What are the possible causes of the problems : What are the possible causes of the problems; this may include technical and human issues - Suggest any improvements to the circuit that might protect against this occurrence in the future?, You are not expected to suggest major hydraulic changes a..

What is the percentage increase in price of oil : The price of oil is $30 per barrel and its price elasticity is constant and equal to -0.5. An oil embargo reduces the quantity available by 20%. What is the percentage increase in price of oil?

Determine the normal and standard time for the test : On the basis of these observations, determine the normal and standard time for the test, assuming a 23% allowance factor.

User Account

All Pages