A Methods and Measurements Analyst for Digital Devices Needs to Develop

question 180

Multiple Choice

A methods and measurements analyst for Digital Devices needs to develop a time standard for the task of assembling a computer mouse. In a preliminary study, she observed one of her workers perform this task six times with the following results:

What is the normal time for this task if the employee worked at a 20 percent faster pace than average?

• A)8 seconds
• B)32 seconds
• C)40 seconds
• D)48 seconds
• E)200 seconds

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Definitions:

Break-Even Point

The moment when total costs equal total revenues, indicating that a business is not making a profit but also not incurring a loss.

Producing Cost

Producing cost entails the expenses incurred in the manufacture of goods, including materials, labor, and overhead costs.

Competitive Markets

Markets characterized by numerous buyers and sellers, where competition drives innovation, quality, and fair pricing.

Pure Competition

A market structure characterized by a large number of buyers and sellers where no single entity has the power to influence market prices significantly.