Examlex
"Is it a challenge to decide which of those two job offers you'll accept?" This is an example of
Standard Time
The amount of time that should be required to complete a task or process based on normal working conditions and average worker performance.
Average Observed Time
The mean time recorded across multiple observations or measurements of a particular variable or activity.
Performance Rating Factor
A criterion or benchmark used to evaluate the effectiveness, efficiency, or productivity of an employee, system, or process.
Allowance Factor
A multiplier or percentage used to estimate additional costs or time that may not be accounted for in initial calculations.
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