A Methods and Measurements Analyst Needs to Develop a Time $$\begin{array} { l r r r r r } \text { Observation } & 1 & 2 & 3 & 4 & 5 \\\hline \text { Time (seconds) } & 84 & 76 & 80 & 84 & 76\end{array}$$

question 131

Multiple Choice

A methods and measurements analyst needs to develop a time standard for a certain task. In a preliminary study, he observed one of his workers perform this task five times, with the following results: $$\begin{array} { l r r r r r } \text { Observation } & 1 & 2 & 3 & 4 & 5 \\\hline \text { Time (seconds) } & 84 & 76 & 80 & 84 & 76\end{array}$$ What is the normal time for this task if the employee worked at a 25 percent faster pace than average?

• A) 80 seconds
• B) 96 seconds
• C) 100 seconds
• D) 120 seconds
• E) 125 seconds

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Definitions:

Compounded Continuously

A calculation involving the natural exponential function for the interest that is added to an amount of money based on an infinitely small rate over a period of time.

Principal

In finance, the original sum of money borrowed in a loan, or put into an investment. In mathematics, it can refer to the principal amount, or initial size of a quantity before interest or growth.

Nearest Cent

Rounding a monetary amount to the closest cent, typically as part of currency calculations to ensure practical transactions.

Decimal Places

The number of digits to the right of a decimal point in a number.