Consider the Work Sampling Information Below $\text { Cycles (Actual Time in Seconds) }$

question 35

Essay

Consider the work sampling information below. $\text { Cycles (Actual Time in Seconds) }$
$\begin{array} { | l | l | l | l | l | l | l | } \hline \begin{array} { l } \text { Work } \\\text { Task }\end{array} & 1 & 2 & 3 & 4 & 5 & 6 \\\hline \text { Q } & 25 & 30 & 27 & 31 & 22 & 20 \\\hline \text { R } & 40 & 52 & 35 & 42 & 47 & 38 \\\hline \text { S } & 60 & 62 & 50 & 55 & 62 & 58 \\\hline\end{array}$
a. If the performance rating factor for Q = 0.80, R = 1.10, and S = 1.10 and the total allowance is 17 percent, determine the normal time for the job.
b. With the allowance of 17 percent, determine the output per hour.

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Definitions:

Investment

The allocation of resources, usually money, into assets with the expectation of generating income or profit in the future.

Budget Surplus

The situation where a government's income exceeds its expenditures within a given time period, enabling savings or debt reduction.

Private Saving

The portion of disposable income that households save rather than spend on consumption.

National Saving

The sum of private and public savings in a country, representing total income not spent on consumption or government expenditures.