A Time Study Is Being Conducted to Determine the Standard

question 31

Multiple Choice

A time study is being conducted to determine the standard time for a job that is made up of several elements. This standard time requires as input(s)

• A) the average observed time for each element
• B) one average observed time for all elements
• C) one performance rating factor to be used by all elements
• D) a separate allowance factor for each element
• E) all of the above

---

Definitions:

Flexible Facility

A manufacturing or service facility designed to easily adapt to changes in production or operations, enhancing agility and responsiveness.

Volume Products

Products that are produced or sold in large quantities, often benefiting from economies of scale in production and distribution.

Demand Uncertainty

The unpredictability in the quantity and timing of customer demand for a product or service.

Flexible Source

A supply chain strategy that allows for the procurement of goods and services from multiple suppliers, enhancing adaptability and reducing dependency on single sources.