In Work Measurement,a Performance Rating Factor

question 8

Multiple Choice

In work measurement,a performance rating factor

• A)allows the transferability of a standard to other workers
• B)does not require that the analyst be specially trained
• C)is the same regardless of the effort and skill of the operator observed
• D)converts the time of the operator observed to the expected performance of the best worker

---

Definitions:

Perfectly Inelastic

A situation in demand where the quantity demanded does not change regardless of the price level.

Equilibrium Price

The price at which the quantity of a good or service demanded equals the quantity supplied, clearing the market.

Coefficient

A numerical or constant factor in a mathematical expression that multiplies the variable it is associated with.

Price Elasticity

The measure of how much the quantity demanded of a good responds to a change in the price of that good, indicating the sensitivity of demand to price changes.