If the worker produced 500 units worker have earned? Since new regulations will greatly change the products and services offered by savings and loan associations, time studies must be performed on tellers and other personnel to determine the number and types of personnel needed and incentive wage payment plans that might be installed. As an example of the studies that the various tasks will undergo, consider the following problem and come up with the appropriate answers: A hypothetical case was set up in which the teller (to be retitled later as an account adviser) was required to examine a customer's portfolio and determine whether it was more beneficial for the customer to consolidate various CDs into a single issue currently offered, or to leave the portfolio unaltered. A time study was made of the teller, with the following findings: Time of study 90 minutes Number of portfolios examined 10 portfolios Performance rating Rest for personal time 15 percent Teller's proposed new pay rate $12 per hour a. What is the normal time for the teller to do a portfolio analysis for the CDs? b. What is the standard time for the analysis? 6. If the S&L decides to pay the new tellers on a 100 percent premium payment plan, how much would a teller earn for a day in which he or she analyzed 50 customer portfolios? 130 percent ... lebends about 10 percent of this