Question: please ans thanks 15 points Save Answer The K Electronics Company manufactures computer chips. A particular job that has been under analysis as part of

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15 points Save Answer The K Electronics Company manufactures computer chips. A particular job that has been under analysis as part of a quality improvement program was the subject of a time study. Results include the following observed times and performance rating factors for each element: Element 2 3 4 Observed Time (min) 10.52 18.61 26.20 Rating Factor 1.15 1.10 1.10 1.05 16.46 A. Compute for the normal time. 3.93 B. What is the standard time for this job using a percent allowance of 15%? 4.52 C. Using a sample standard standard deviation of 0.51 minutes, determine the number of cycles for this time study such that the company would be 95% confident that the average time is within 5% of the true average cycle time. | I 15 points Save Answer The K Electronics Company manufactures computer chips. A particular job that has been under analysis as part of a quality improvement program was the subject of a time study. Results include the following observed times and performance rating factors for each element: Element 2 3 4 Observed Time (min) 10.52 18.61 26.20 Rating Factor 1.15 1.10 1.10 1.05 16.46 A. Compute for the normal time. 3.93 B. What is the standard time for this job using a percent allowance of 15%? 4.52 C. Using a sample standard standard deviation of 0.51 minutes, determine the number of cycles for this time study such that the company would be 95% confident that the average time is within 5% of the true average cycle time. |Step by Step Solution
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