A work study has been conducted on a new operation with three work elements. The following times, in minutes, were obtained using the continuous method.
a. What is the normal time for this operation?
b. If an allowance of 20 percent is used, what is the standard time for this task?
Definitions:
Duty of Notification
An agent’s obligation to inform the principal of the agent’s actions on the principal’s behalf and of all relevant information.
Communicate Offers
The process through which an offeror makes their proposal known to the offeree, initiating the possibility of forming a contract.
Indemnification
Indemnification is the process by which one party agrees to compensate another for any losses or damages suffered, often as part of a contractual agreement.
Breach of Contract
The failure to perform any term of a contract, written or oral, without a legitimate legal excuse.
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