BUS 515 week 8 Homework Problem 8 Problem 8 The Arkade Company is considering switching to a 15 percent allowance based on time worked. Calculate the new standard time for each work element and for the total job. The frequency equals 1 for all work elements. (Round your answers to 3 decimal places, the tolerance is +/-0.001.) Work Element Mean Observed Time (minutes) Perfomance Rating Factor ST 1 1.20 0.95 2 1.00 0.85 3 0.80 1.10 4 0.90 1.10 STjob = Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
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