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A pilot work study has been conducted on a new operation with four work elements.The following times,in seconds,were obtained using the continuous method. a.What is the normal time for this operation?
b.If an allowance of 20 percent is used,what is the standard time for this task?
c.What sample size is appropriate for estimating the time for element 3 within + 3 percent of the true mean time with 95 percent confidence (z = 1.96)?
Bailor
An individual who temporarily entrusts possession of personal property to another, known as the bailee, under a bailment agreement.
Transfers Possession
The act of passing the physical control or ownership of an item, property, or asset from one party to another.
Personality
The combination of characteristics or qualities that form an individual's distinctive character and psychological identity.
Gratuitous Bailment
A bailment where the bailor lends an item to the bailee without expecting payment, the bailee is thus under a duty to return the item.
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