A Manager Is Interested in Setting a Time Standard for a Machining

question 42

Multiple Choice

A manager is interested in setting a time standard for a machining operation.Which one of the following is LEAST likely to be of use?

• A) Time-study method
• B) Elemental standard data approach
• C) Predetermined data approach
• D) Work sampling method

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Definitions:

Material B

A generic term often used to denote a specific type of material used in the manufacturing or production process.

Budgeted Total Sales

The estimated total revenue that a business plans to generate from goods or services sold within a specific period.

Sales Estimates

Projections or predictions about the amount of revenue that will be generated through sales activities within a certain period.

Budgeted Sales

An estimate of the sales volume and revenue expected to be achieved in a specific period, typically used for planning purposes.