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The Arkade Company has decided to use a 15 percent allowance factor based on job time. Calculate the standard time for each work element and for the total job. The frequency equals 1 for all work elements. (Round your answers to 3 decimal places, the tolerance is +/-0.002.) Work Element Mean Observed Time (minutes) Perfomance Rating Factor ST 1 1.20 0.95 2 1.00 0.85 3 0.80 1.10 4 0.90
Calculate row or column penalty we take two values namely the minimum and 2nd minimum? If 4 4 5 occurs in a problem, we choose 4 as a minimum and 5 the 2nd minimum why not another
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Can you create a Operational Plan and Budget if I provide instruction. Also need budget plan to be placed in excel
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