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A Methods and Measurements Analyst needs to develop a time standard for a certain task.The task involves use of ruler,square,and portable electric saw to mark and cut the "notch" in a rafter (a standard carpentry task of home construction).In a preliminary study,he observed one of his workers perform this task five times.The observations were made in an air-conditioned,well-lighted training facility,at ground level,with all tools and equipment clean and readily available.
a.What is the actual average time for this task?
b.What is the normal time for this task if the employee worked at a 20% faster pace than is typical for adequately trained workers?
c.What is standard time for this task if allowances are 8% constant and 6% variable?
d.If the analyst then thought more carefully about his experiment,and decided that the variable allowances needed to be increased to match the real (outside,unair-conditioned)work environment,and that the proper variable allowance was not 6% but 12%,what is the revised standard time?
Health Care Costs
The total expenditures required for services to prevent, diagnose, treat, or manage illnesses and conditions.
Tax Subsidy
A grant in the form of reduced taxes through favorable tax treatment. For example, employer-paid health insurance is exempt from federal income taxes and payroll taxes.
Rising U.S. Health Care Costs
This term refers to the increasing expenditure on health care services in the United States, often attributed to factors like medical technology advancements, higher prices for services, and an aging population.
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