Question: Problem 7-11 How many observations should a time study analyst plan for in an operation that has a standard deviation of 1.5 minutes per piece

Problem 7-11 How many observations should a time study analyst plan for in an operation that has a standard deviation of 1.5 minutes per piece if the goal is to estimate the mean time per piece to within 2 minute with a confidence of 95.5 percent? (Do not round Intermediate calculations. Round up your final answer to the next whole number.) Number of observations

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

7-1 An analyst has timed a metal-cutting operation for 50 cycles. The average time per cycle was 11.0 minutes, and the standard deviation was 1.20 minutes for a worker with a performance rating of...

Problem 7-11 How many observations should a time study analyst plan for in an operation that has a standard deviation of 6 minutes per piece if the goal is to estimate the mean time per piece to...

Problem 7-11 How many observations should a time study analyst plan for in an operation that has a standard deviation of 1.2 minutes per piece if the goal is to estimate the mean time per piece to...

Problem 7-11 How many observations should a time study analyst plan for in an operation that has a standard deviation of 1.4 minutes per piece if the goal is to estimate the mean time per piece to...

Hi - looking for some help to solve problem for How many observations should a time study analyst plan for in an operation that has a standard deviation of 1.5 minutes per piece if the goal is to...

Problem 7 - 1 1 ( Algo ) How many observations should a time study analyst plan for in an operation that has a standard deviation of 2 . 7 minutes per piece? The goal is to estimate the mean time per...

Please answer question # 14 male the mean time for element 2 within I percent of its true value with a 95.5 percent confidence? c. How many observations would be needed to estimate the mean time for...

How many observations should a time study analyst plan for in an operation that has a standard deviation of 2.0 minutes per piece? The goal is to estimate the mean time per piece to within 0.6...

An analyst has timed a metal-cutting operation for 50 cycles. The average time per cycle was 10:40 minutes, and the standard deviation was 1.20 minutes for a worker with a performance rating of 125...

Problem 7-11 (Algo) How many observations should a time study analyst plan for in an operation that has a standard deviation of 3.3 minutes per piece? The goal is to estimate the mean time per piece...

Consider the equation y' = y(4-y)-3. This equation describes, e.g., growth of a population of fish in a pond assuming that 3 units of fish is caught per unit of time. a) (1 pt) Sketch the direction...

Specific items of tax authority have different values in helping the tax researcher to solve his or her problem. Explain this statement and describe how it applies to the tax research process.

A commercial bakery converted part of its building into a storefront to sell baked goods to retail customers. What type of expenditure requiring capitalization is this? a . Adaptation b . Like - kind...

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...