Question: The standard time for completing a particular activity is seven minutes. a) Suppose an experienced employee completes an average of 9 activities per hour. What
The standard time for completing a particular activity is seven minutes.
a) Suppose an experienced employee completes an average of 9 activities per hour. What is the efficiency of this experienced employee?
b) Suppose a new employee named Pat is hired who has an efficiency of 60%. How long (in minutes and seconds) does it take Pat on average to complete the activity?
c) Suppose a different new employee named Alexy is to be hired and paid $28 per hour to complete this activity. Suppose each completed activity generates a revenue of $2. What is the efficiency needed for Alex to a revenue of $30 per hour.
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