A Methods and Measurements Analyst Needs to Develop a Time

question 58

Multiple Choice

A Methods and Measurements Analyst needs to develop a time standard for a certain task.In a preliminary study,he observed one of his employees perform this task five times,with the following results: What is the standard time (ST) for this task if the employee worked at a twenty-five percent faster pace than the average and an allowance of twenty percent of the workday is used?

• A)80 seconds
• B)96 seconds
• C)100 seconds
• D)120 seconds
• E)125 seconds

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Definitions:

Existing Producers

Companies or individuals that are currently producing and selling goods or services within a market.

Consumer Surplus

The discrepancy between what consumers are prepared and able to spend on a good or service and the actual amount they end up paying.

Price Falls

Situations where the market prices of goods or services decrease over time.

Surplus Increase

A scenario where the excess of supply over demand rises, indicating a larger availability of goods or services than there are consumers.