Question: Puff n Stuff service is a small company that assembles mailings for clients for Baltimore area. Different size envelopes are stuffed with various items such

Puff "n" Stuff service is a small company that
Puff "n" Stuff service is a small company that assembles mailings for clients for Baltimore area. Different size envelopes are stuffed with various items such as coupons, advertisements, political messages, and so on, by a staff of workers, who are paid on a piece-rate basis. In 2019, a time study of a job has been conducted by an engineering consulting firm using two subjects stuffing manila envelopes. The observations from this time study for 10 cycles of the five-element job and the performance rating for each element are recorded on a standard TSOS (Time-Study Observation Sheet). A copy of the TSOS is attached. In December 2020, for updating the time study evaluation, the company's goal is to have the time study done such that it can be at least 99% confident that the average time computed from the time study is within 4.5% of the true average cycle time. Determine the minimum number of cycles needed to achieve the company's goal? (For reasonable answers, Haep at least four decimal places for primary values when calculations are performed.) Work: a Standard Deviation for the sample (0.5 point)) b. Z-value: (0.5 point) C. Minimum Cycle Number (1.0 point) Puff "n" Stuff service is a small company that assembles mailings for clients for Baltimore area. Different size envelopes are stuffed with various items such as coupons, advertisements, political messages, and so on, by a staff of workers, who are paid on a piece-rate basis. In 2019, a time study of a job has been conducted by an engineering consulting firm using two subjects stuffing manila envelopes. The observations from this time study for 10 cycles of the five-element job and the performance rating for each element are recorded on a standard TSOS (Time-Study Observation Sheet). A copy of the TSOS is attached. In December 2020, for updating the time study evaluation, the company's goal is to have the time study done such that it can be at least 99% confident that the average time computed from the time study is within 4.5% of the true average cycle time. Determine the minimum number of cycles needed to achieve the company's goal? (For reasonable answers, Haep at least four decimal places for primary values when calculations are performed.) Work: a Standard Deviation for the sample (0.5 point)) b. Z-value: (0.5 point) C. Minimum Cycle Number (1.0 point)

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