al Main 37 Based on sample observations in a time study, a particular task in a process had an average completion time of 27.13 minutes. The performance rating for these observations was set to 109%. What is the approximate normal time for this particular task? 01. 9 minutes 02. 40 minutes 03. 20 minutes 04. 12 minutes 05. 30 minutes 38 Scenario 2 Guemmer Specialty Foods can produce their famous cherry pies at a rate of 1650 cases per day (this is the daily production rate). The firm distributes the pies to regional stores and restaurants at a steady rate of 250 cases per day (this is the daily demand rate). The cost of each production setup is $320. Annual holding costs are $11.50 per case per year. Annual demand is 62,500 cases. Assume 250 working days per year. Assume the POQ (Production Order Quantity) model is used by Guemmer Specialty Foods Refer to Scenario 5. What is approximate annual inventory holding cost (rounded to the nearest dollar)? 01. $9,878 02. $12.00 03. $320 04. $1,000 39 The first unit of a product took 900 hours to build and the learning curve is 90%. How long will it take to make the first 3 units? 01. somewhere between 2.500 and 2,510 hours 02. somewhere between 2.470 and 2,480 hours 03. somewhere between 2,490 and 2,500 hours 04. less than 2.470 hours 40 Learning curves are used for a variety of purposes. These include: 01. Infrastructure, external strategic 02 Internal, esternal, shareholders 03 Internal, tactical, strategic 04. Internal external straty