In a Time Study the Standard Time Is Calculated as

question 26

Multiple Choice

In a time study the standard time is calculated as

• A)the normal cycle time plus the allowance factor.
• B)the normal cycle time minus the allowance factor.
• C)the normal cycle time divided by (1 + allowance factor).
• D)the normal cycle time multiplied by (1 + allowance factor).

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Definitions:

Point Estimate

Represents a single value given as the best guess or most likely value of a population parameter based on sample data.

Sampling Error

The difference between a sample statistic used to estimate a population parameter and the actual but unknown value of the parameter.

Population Parameter

A numerical characteristic of a population, such as mean or standard deviation, that is usually unknown.

Proportion

In statistics, a proportion refers to the fraction of the total that exhibits a certain trait or characteristic.