Question: Garman observes a worker assembling peanut valves and records the data displayed in the following table. What is the standard time for this job element
Garman observes a worker assembling peanut valves and records the data displayed in the following table. What is the standard time for this job element if the allowance for the process is 20% and the rating factor is 75%? (Hint: When calculating average time take notice that there are multiple observations with the same time spent. For example, calculating
| Time (seconds) | Observations |
| 10 | 18 |
| 15 | 25 |
| 20 | 17 |
What is the standard time for this job element if the allowance for the process is 20% and the rating factor is 75%? (Hint: When calculating average time take notice that there are multiple observations with the same time spent. For example, calculating average cost of the newly purchased books: 3 books cost $90 each and the other 2 books cost $100 each. Total costs are $90*3+$100*2=$470, total books are 3+2=5, thus average cost per book is $470/5=$94.)
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