Question: Problem 10.25 QU Peter Rourke, a loan processor at Wentworth Bank, has been timed performing four work elements, with the results shown in the following

Problem 10.25 QU Peter Rourke, a loan processor

Problem 10.25 QU Peter Rourke, a loan processor at Wentworth Bank, has been timed performing four work elements, with the results shown in the following table. Task Element 1 2 3 Performance Rating 115% 95% 90% 80% 1 0.6 0.5 0.7 1.6 Observation (minutes per cycle) 2 3 4 0.5 0.6 0.5 0.9 0.6 0.5 0.4 0.7 0.5 1.7 2.0 1.8 5 0.5 0.6 0.6 1.5 4 The allowances for tasks such as this are personal, 8%; fatigue, 10%, and delay, 3%. A. What is normal time? B. What is standard time

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