Question: Problem 7-3 (Algo) A time study was conducted on a job that contains four elements. The observed times and performance ratings for six cycles are

Problem 7-3 (Algo) A time study was conducted on

Problem 7-3 (Algo) A time study was conducted on a job that contains four elements. The observed times and performance ratings for six cycles are shown in the following table. OBSERVATIONS (minutes per cycle) Element 1 2 3 4 Performance Rating 90% 85 100 85 1 0.41 1.41 0.76 1.01 2. 0.46 1.41 0.76 1.06 3 0.36 1.36 0.66 1.01 4 0.36 1.36 0.71 1.06 5 0.36 1.36 0.76 1.06 6 0.36 1.41 0.71 1.11 Click here for the Excel Data File a. Determine the average cycle time for each element. (Round your answers to 3 decimal places.) Element Average cycle 1 2. 3 4 b. Find the normal time for each element. (Round your answers to 3 decimal places.) Element Normal time 1 2 3 4 c. Assuming an allowance factor of 11 percent of job time, compute the standard time for this job. (Round your answers to 3 decimal places.) Element Standard time 1 2 3 4

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