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Problem 6. 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.
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 1.10 STjob =
Problem 10. The Arkade Company used a 15 percent allowance factor based on job time and 15 percent allowance based on time worked What allowance factor is better when all of the jobs an emlpoyee does are similar and have the same allowance factor? Compare standard times and units produced per day based on both allowance factors and decide which of them provides the best result.
Problem 8. The critical path is A-C-E-G-I-J. (a) Calculate the probability that the project will be completed in 38 weeks. P(project ≤ 38) = (b) Calculate the probability that the project will be completed in 42 weeks. P(project ≤ 42) =