A Worker Was Observed for Four Cycles of a Repetitive

question 57

Multiple Choice

A worker was observed for four cycles of a repetitive task. The observer used the continuous method for recording the times. The continuous times (in seconds) for each element are:
Which one of the following are the "select times" (ť) for each element? The first number is the select time for the first element, the second number is the select time for the second element, and so on.

• A) 19.5, 23, 25, 30
• B) 1.5, 3.5, 5, 2
• C) 2, 3, 2, 5
• D) 1.5, 3.5, 2, 5

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Definitions:

Utils Per Dollar

An economic concept used to measure the amount of utility or satisfaction a consumer receives per dollar spent.

Fair Insurance Policy

An insurance contract that is equitable, offering reasonable terms and conditions to all parties involved.

Uncertainty

Describes situations in which the outcomes, probabilities, or impacts of decisions or events are not known, prevalent in economics and finance.

Tuition

Tuition is the fee charged for instruction or teaching, typically paid to educational institutions for courses or degree programs.