Question: a) What is the normal time? b) What is the standard time? Peter Rourke, a loan processor at Wentworth Bank, has been timed performing four

a) What is the normal time? b) What is the

a) What is the normal time?

b) What is the standard time?

Peter Rourke, a loan processor at Wentworth Bank, has been timed performing four work elements, with the results shown in the following table. Task Element 1 2 3 4 Performance Rating 115% 90% 85% 80% 1 0.5 0.7 0.6 1.6 Observation (minutes per cycle) 2 3 4 0.4 0.7 0.5 0.7 0.8 0.7 0.5 0.8 0.4 1.7 2.0 1.7 5 0.5 0.7 0.5 1.4 The allowances for tasks such as this are personal, 6%; fatigue, 12%; and delay, 2%

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