Question: Can you explain the calculations needed for this assignment in depth. Chapter 11 Mark's Macho Marbles collected the following information to develop a standard time

Can you explain the calculations needed for this assignment in depth. Chapter 11 Mark's Macho Marbles collected the following information to develop a standard time for building marbles. Observations Element (in minutes) 1 2 3 4 5 Cycle 1 2.23 1.30 1.75 2.79 1.62 Cycle 2 2.27 1.28 1.80 2.71 1.60 Cycle 3 2.25 1.34 1.77 2.65 1.62 Cycle 4 2.23 1.35 1.85 2.61 1.62 Cycle 5 2.26 1.31 1.88 2.63 1.64 Cycle 6 2.27 1.27 1.84 2.63 1.66 Cycle 7 2.22 1.37 1.83 2.65 1.62 Cycle 8 2.26 1.31 1.80 2.63 1.66 Cycle 9 2.23 1.35 1.85 2.65 1.60 Cycle 10 2.22 1.33 1.83 2.63 1.62 Rating factor 0.95 0.85 1.15 1.10 1.00 Frequency 1 1 1 1 1 Calculate the mean observed time for each element. Calculate the normal time for each element. Using an allowance factor of 20 percent of job time, calculate the standard time for each element and for the entire job. How many units should be completed each hour if the worker performs at 100 percent of the standard? How many units should be completed each hour if the worker performs at 90 percent of the standard? Chapter 12 Deb's Delightful Dresses (DDD) needs to ship finished goods from its manufacturing facility to its distribution warehouse. Annual demand for DDD is 3000 gowns. DDD can ship the gowns via regular parcel service (4 days transit time), premium parcel service (2 day transit time), or via public carrier (8 days transit time). Calculate the average annual transportation inventory for each alternative. Dylan, the owner of Modern Office Chairs (MOC), a c

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