3) A time study was conducted on a job that contains four elements. The observed times and performance ratings for six cycles are shown in the following table. Note that all units are in minutes. Element Performance rating 85% 0.44 0.5 0.43 0.45 0.48 0.46 100% 1.5 2588 1.47 1.51 1.49 1.52 110% 0.84 0 .89 0.77 0.83 0.85 0.8 95% 1.14 1.08 1.16 1.26 *: Machine broke down. *) Determine the average cycle time for each element. b) Compute the normal time for each element c) Assuming an allowance factor of 15% of job time, compute the standard time for this task! d) Assuming an allowance of 15% of the work time, compute the standard time for this task ) How many parts are expected to be produced in an 8-hour shift? 1) What would be the range of the parts that would be produced in an 8 hour shift based on the normal time, assuming that the time that is required to complete each cycle is independent