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Table H.3 A Worker Was Observed for Four Cycles in a Repetitive

question 52

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Table H.3
A worker was observed for four cycles in a repetitive task. The observer recorded the following times, in seconds, using the continuous method. The ratings for each element and frequency it is performed are also indicated in the table. The allowance fraction is 20 percent.
$Table H.3 A worker was observed for four cycles in a repetitive task. The observer recorded the following times, in seconds, using the continuous method. The ratings for each element and frequency it is performed are also indicated in the table. The allowance fraction is 20 percent. -Use the information in Table H.3. What is the standard time for work element 1? A) fewer than 18 seconds B) greater than or equal to 18 seconds but fewer than 20 seconds C) greater than or equal to 20 seconds but fewer than 22 seconds D) greater than or equal to 22 seconds$
-Use the information in Table H.3. What is the standard time for work element 1?

Definitions:

Marginal Revenue

The extra revenue generated through the sale of an additional unit of a product or service.

Marginal Cost

The additional total cost incurred from manufacturing an additional unit of a product or service.

ATC

Average Total Cost, which is the total cost of production divided by the quantity of output produced, including both fixed and variable costs.

Marginal Cost

Marginal Cost is the increase in cost resulting from the production of one additional unit of a good.