The following observations of actual time taken by worker for doing a job repeatedly was taken...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The following observations of actual time taken by worker for doing a job repeatedly was taken by a time study observer are: Observation No. Times in Minutes Skill Effort Condition 1 The ratings were found to be as follows: Consistency 0.2 2 0.3 Good Excessive Excellent Poor 3 0.4 4 0.6 C1 A1 B F 5 0.4 6 Determine the normal time or basic time for the element under observation. 0.2 Skill Super A₁ = +0.15 A₂ = +0.13 Excellent B₁ = +0.11 B₂=+0.08 Good C₁ = +0.06 C₂ = +0.03 Average D = 0.00 Fair E₁= 0.04 E₂=-0.10 Poor F1=-0.16 F2=-0.22 Westing house system of Performance Rating Table Effort Excessive A₁+0.13 A₂ = +0.12 Excellent B₁ +0.10 B₂ = +0.08 Good C₁ = + 0.05 C₂ = +0.02 Average D = 0.00 Fair E₁ -0.04 E₂=-0.08 Poor F1=-0.12 F2= -0.17 Conditions Ideal A = +0.06 Excellent B=+0.04 Good C = +0.02 Average D = 0.00 Fair E=-0.03 Poor F1=-0.07 Consistency Perfect A= +0.04 Excellent B=+0.03 Good C= +0.01 Average D = 0.00 Fair E=-0.02 Poor F=-0.04 The following observations of actual time taken by worker for doing a job repeatedly was taken by a time study observer are: Observation No. Times in Minutes Skill Effort Condition 1 The ratings were found to be as follows: Consistency 0.2 2 0.3 Good Excessive Excellent Poor 3 0.4 4 0.6 C1 A1 B F 5 0.4 6 Determine the normal time or basic time for the element under observation. 0.2 Skill Super A₁ = +0.15 A₂ = +0.13 Excellent B₁ = +0.11 B₂=+0.08 Good C₁ = +0.06 C₂ = +0.03 Average D = 0.00 Fair E₁= 0.04 E₂=-0.10 Poor F1=-0.16 F2=-0.22 Westing house system of Performance Rating Table Effort Excessive A₁+0.13 A₂ = +0.12 Excellent B₁ +0.10 B₂ = +0.08 Good C₁ = + 0.05 C₂ = +0.02 Average D = 0.00 Fair E₁ -0.04 E₂=-0.08 Poor F1=-0.12 F2= -0.17 Conditions Ideal A = +0.06 Excellent B=+0.04 Good C = +0.02 Average D = 0.00 Fair E=-0.03 Poor F1=-0.07 Consistency Perfect A= +0.04 Excellent B=+0.03 Good C= +0.01 Average D = 0.00 Fair E=-0.02 Poor F=-0.04
Expert Answer:
Answer rating: 100% (QA)
form the performance rating tables of Westing house System SkillGood006 Effoot Exc... View the full answer
Related Book For
Posted Date:
Students also viewed these accounting questions
-
We consider following yield curve: Maturity 1 2 3 4 5 ... 10 ... 50 Yields (%) 12 11,5 11 10,5 10 ... 9,5 ... 9 We are planning to participate in investments which will be in 3 years from now. This...
-
Consider the following time series: t 1 2 3 4 5 6 7 yt 120 110 100 96 94 92 88 A. Construct a time series plot. What type of pattern exists in the data? B. Use excel solver or lingo to find the...
-
Evertight a leading manufacturer of quality nails produces 1 2 3 4 and 5 inch nails clavos for various uses In the production process if there is an overrun or the nails are slightly defective they...
-
Look at the expansion joint in the photo of Figure 15.13. Would you say the photo was taken on a warm day or a cold day? Why?
-
The following comparative income statement (in thousands of dollars) for the fiscal years 2001 and 2002 was adapted from the annual report of Speedway Motorsports, Inc., owner and operator of several...
-
The table shows the names of the sales staff at Richards & Jacobs Securities, together with the number of major accounts that each one services: a. Using sampling without replacement, show all four...
-
Here is the stock price and split data for HeavySteel corporation. 7.a. Calculate the split-adjusted returns for each year and its statistics (mean and standard deviation). 7.b. If you bought 100...
-
On February 15, Mite Corporations board of directors declared a 2 percent stock dividend applicable to the outstanding shares of its $10 par value common stock , of which 400,000 shares are...
-
Higher Education Company has two divisions with the following information: \ table [ [ Division 1 , Division 2 ] , [ Sales: $ 3 , 5 0 0 , 0 0 0 , Sales: $ 2 , 5 0 0 , 0 0 0
-
On April 1, Debbie Hall created a new travel agency, Hall Travel. The following transactions occurred during the company's first month. April 2 Hall invested $44,000 cash, and computer equipment...
-
Please show me how to solve these two questions. Thank you! After consulting with your financial advisor, you figured that you need \( \$ 100,000 \) per year for your living during 30 years of the...
-
Explain what is the absorption cost and what is the difference between the variable cost 1.Define the concepts 2.What is your purpose? 3.What are its advantages and disadvantages? 4.How are they...
-
Example 10 Evaluate the given integral by changing to Cylindrical coordinates: x dv. where E is the solid that lies within the cylinder x + y = 1, above the plane z = 0, and below the cone z = 4x+4y.
-
Carla Vista Manufacturing Ltd. has provided you with the following CVP income statement: Sales (5,200 units) $1,040,000 $200 per unit Variable costs 686,400 132 per unit Contribution margin 353,600...
-
Newhard Company applies overhead cost to jobs on the basis of 117% of direct labor cost. Job 313 includes 1,800 units and its job cost sheet contains $33,232 in direct materials and $10,400 in direct...
-
How the prospect theory (khaneman and tversky) influence on air Asia to make decisions to drive success and unsuccess With the real company examples of situations
-
Our store expects to have the following balances at the end of April: The store has these guidelines with its budgets: Sales.All sales are on credit with terms of 3/10, n/30. You bill customers on...
-
What types of questions can be answered by analyzing financial statements?
-
Herb E. Vore is considering investing in a Salad Stop franchise that will require an initial outlay of $100,000. He conducted market research and found that after tax cash flows on this investment...
-
Rochelle Kotter wants to attend a university five years from now. She will need $88,000. Assume Rochelles bank pays 3 percent interest compounded monthly. What must Rochelle deposit today to...
-
List the advantages and disadvantages of the payback method.
-
Describe four indicators commonly used in operating indicator analysis.
-
What is the difference between financial and operating indicator analyses?
-
Talias Tutus bought a new sewing machine for $40,000 that will be depreciated using the MACRS depreciation schedule for a 5-year recovery period. a. Find the depreciation charge each year. b. If the...
Study smarter with the SolutionInn App