A Methods and Measurements Analyst for Timepiece, Inc What Is the Standard Time for This Task If the Develop

question 5

Multiple Choice

A methods and measurements analyst for Timepiece, Inc., needs to develop a time standard for the task of attaching a watch to a wristband. In a preliminary study, he observed one of his workers perform this task five times, with the following results: $$\begin{array} { | l | c | c | c | c | c | } \hline \text { Observation } & 1 & 2 & 3 & 4 & 5 \\\hline \text { Time(Seconds) } & 27 & 19 & 20 & 21 & 13 \\\hline\end{array}$$ What is the standard time for this task if the employee worked at a 20 percent faster pace than average, and an allowance of 20 percent of the workday is used?

• A) 20 seconds
• B) 24 seconds
• C) 25 seconds
• D) 28.8 seconds
• E) 30 seconds

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Definitions:

Leisure

Time spent away from work and essential domestic activities, often used for rest, recreation, or cultural pursuits.

Inferior Good

A type of good for which demand decreases when consumer income rises, in contrast to normal goods, where demand increases with rising income.

Consumer Income

The total amount of income earned by consumers in an economy, including wages, salaries, benefits, and other income sources, influencing their buying power.

Demand Curve

A graph that shows the relationship between the price of a good and the quantity demanded by consumers at various prices.