Standard Time May Be Less Than Average Observed Time

question 145

True/False

Standard time may be less than average observed time.

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Definitions:

Paired Comparisons

A statistical technique used to assess preferences or the relative importance of different options by comparing them in pairs.

Performance Appraisal

Performance appraisal is a systematic evaluation of an employee's job performance and productivity in relation to established criteria and organizational objectives.

Rank Ordering

A process of arranging items in a sequence based on their importance, priority, or quality.

Management Development

Is training to improve knowledge and skills in the management process.