The Konishi Electronics Company manufactures computer microchips. A particular job that has been under analysis as part

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The Konishi Electronics Company manufactures computer microchips. A particular job that has been under analysis as part of a quality-improvement program was the subject of a time study. The time study encompassed 20 job cycles, and the results include the following cumulative times and performance rating factors for each element:

The Konishi Electronics Company manufactures computer microchips

a. Compute the standard time for this job using an allowance factor of 15%.
b. Using a sample standard deviation of 0.51 minutes, determine the number of cycles for this time study such that the company would be 95% confident that the average time from the time study is within 5% of the true average cycletime.

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