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A Methods and Measurements Analyst for Digital Devices Needs to Develop

question 71

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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:  Observation 123456 Time (seconds)  463840344240\begin{array} { l r r r r r r } \text { Observation } & 1 & 2 & 3 & 4 & 5 & 6 \\\hline \text { Time (seconds) } & 46 & 38 & 40 & 34 & 42 & 40\end{array} What is the normal time for this task if the employee worked at a 20 percent faster pace than average?


Definitions:

Interest Rate

The percentage at which interest is charged or paid on borrowed or saved money, often expressed as an annual percentage rate.

Supplied

The quantity of a good or service that producers are willing and able to sell at a given price.

Closed Economy

A financial structure that doesn't engage with external economies through trade, investment, or the movement of people.

Public Saving

The difference between the tax revenues and government spending of a country, representing the government's surplus or deficit.

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