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a. You are chartered to set a time standard for a worker assembling 96 piece jigsaw puzzles. The following times have been collected from five different operators with one observation per operator. The times and ratings for the job are
Operator Time (in minutes) Rating1 9 120 2 11.1 100 3 12 95 4 10.9 100 5 12.3 85
What is the normal time for this job? What is the standard time for this job with the assumption of a 20% allowance for personal, fatigue and delay? What are the value judgments you must make for the standard to be useful and implementable?
Factors contributing to competitive rivalry include A) The corporate attitudes toward marketing strategies B) Nature of the product and homogeneity of market C) The suppor
As a manager, you are expected to make logical, rational decisions that are in the best interests of the organization. However, the best decision isn't always made. Let's discuss w
Explain the importance of correctly stating the objective function and constraints in linear optimization problems. Provide a few examples of the problems that could result if the
Do you think it is better to concentrate on one source of competitive advantage (cost versus differentiation versus speed) or to nurture all three in a firm's operation?
Describe line and staff organisation. Line and Staff Organisation: As the industry grow in size and complexity, the line executives could not perform appropriately all other
Which selection criteria (personal interview, employment test, assessment center) do you think would be most valuable for predicting effective job performance for a college profess
On the day his son was born, a father decided to establish a fund for his son's college education. The father wants the son to be able to withdraw $4000 from the fund on his 18th b
Explain Economic Order Quantity and Total Cost. Economic Order Quantity and Total Cost: The total sum of Inventory procurement cost and inventory carrying cost is total cost.
The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $30, overhead rate is 1.0 times labor co
A system program that combines the separately compiled modules of a program into a form suitable for execution A. assembler B. linking loader C. cross compiler D. load
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