Table H.1 A Worker Was Observed for Four Cycles in a Repetitive

question 96

Multiple Choice

Table H.1
A worker was observed for four cycles in a repetitive task that contains four distinct elements. The observer recorded the following items in seconds, using the snap-back method:

-The observer assigned a performance rating factor of 1.15 to the worker and the company employs an allowance factor of 20%. How many more observations must be made in order to develop an estimate of the select time for all elements of the job that are within 3% with 95% accuracy?

• A) 225
• B) 357
• C) 440
• D) 429

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Definitions:

Prospectus

A formal document that companies use to describe the securities they are offering for sale to investors.

SEC

The Securities and Exchange Commission, a U.S. federal agency that oversees the securities industry to protect investors and maintain fair, orderly, and efficient markets.

Advertising Tool

Any method or resource used by businesses to promote their products, services, or brand to potential customers.

Short-swing Profits

Profits earned by corporate insiders from buying and selling their company's stock within a short period, regulated by securities laws.