A College Must Decide If It Wants to Offer More

question 199

True/False

A college must decide if it wants to offer more evening and weekend classes.This decision involves answering the economic question of "for whom to produce."

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Definitions:

Normal Time

The average time taken by a worker to complete a task under normal working conditions.

Standard Time

The established duration designed for the completion of a specific task, under normal working conditions and performance.

Time Study

A work measurement technique for recording the times of performing a task to establish a standard time for the activity by direct observation and timing.

Labour Standard

Labour standard represents the amount of time required to perform a job or part of a job at a defined level of performance, often used in planning and evaluating labor efficiency.