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A methods and measurement analyst wants to develop a time standard for a certain task. In a preliminary study, he observed one worker perform the task six times with an average observed time of 20 seconds and a standard deviation of 2 seconds.
What is the normal time for this task if the employee worked at a 20 percent faster pace than average?
Optimal Amount
The quantity of a good or service that achieves the best outcome under given conditions, such as maximizing profit or utility.
Research And Development
The investigative activities that a business or government entity undertakes with the intention of making a discovery that can either lead to the development of new products or procedures, or to the improvement of existing products or procedures.
Legal Protections
Laws and regulations designed to safeguard rights, ensure fairness, and protect individuals and entities from harm or exploitation.
Innovation
The process of creating new ideas, products, or methods, often leading to technological advancement or improved solutions.
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