The Outputs from a Work Measurement Study Lead to the Development

question 24

Multiple Choice

The outputs from a work measurement study lead to the development of labor and equipment standards that are used for all of the following EXCEPT:

• A) estimating workforce capacity.
• B) determining fatigue and personal need allowances.
• C) determining the cost of new work procedures.
• D) providing accurate information for scheduling and sequencing.

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Definitions:

Subrogation

A legal principle allowing an entity, such as an insurance company, to step into the shoes of another party to pursue recovery from the party responsible for a loss or damage.

Indemnity

A contractual obligation of one party to compensate the loss occurred to the other party due to the acts of the indemnitor or any other party.

Insurance Contracts

Legal agreements between an insurer and the insured, in which the insurer agrees to compensate the insured for loss of property, life, or health, under specified conditions.

Wagering

The act of betting or gambling money on an outcome that is largely subject to chance.