Scenario 2.5 A Job Consists of Three Distinct Work Elements That Were

question 133

Multiple Choice

Scenario 2.5
A job consists of three distinct work elements that were timed with a highly accurate Swiss watch by a trained industrial engineer wearing a pristine white lab jacket and carrying an official-looking clipboard.Worker ratings were less inflated by the newness of the job elements to the worker than by the overall nervousness of the worker.The engineer recorded ten observations and assigned the performance rating that is recorded in the bottom row of the table under the corresponding work element.All recorded times are in seconds.

-Use the data in Scenario 2.5 to answer this question.If the rating factor is 15%,what is the normal time for Element 3?

• A)44.3 seconds
• B)58.5 seconds
• C)50.9 seconds
• D)48.5 seconds

---

Definitions:

Constant Dividend Growth Rate

The rate at which a company's dividend payments are expected to grow at a constant percentage each year.

Expected Return

Expected return is the anticipated average return of an investment over a specified period, taking into account both expected gains and potential losses.

Required Return

The Required Return is the minimum expected return an investor anticipates on an investment to make it worthwhile, encompassing the risk-level associated with the investment.

Marginal Investor

An investor whose actions and choices at the margin are believed to determine the price of a stock.