Question

Latisha​ Simmons, a loan processor at Wentworth​ Bank, has been timed performing four work​ elements, with the results shown in the following table.

The allowances for tasks such as this are​ personal, ​8%; ​fatigue, 8​%; and​ delay, ​3%.
Part 2
​a) The normal time for the complete operation​ =

enter your response here minutes ​(round your response to two decimal​ places).
Part 3
​b) The standard time for this process​ =

enter your response here minutes ​(round your response to two decimal​ places).

Answer 1

The normal time for the complete operation can be calculated by summing the observed times for each work element and multiplying it by the sum of the allowances. The standard time for this process can be calculated by adding the sum of the observed times for each work element to the sum of the allowances.

The normal time for the complete operation can be calculated by summing the observed times for each work element and multiplying it by the sum of the allowances:

Normal time = (Observed time for element 1 + Observed time for element 2 + Observed time for element 3 + Observed time for element 4) x (1 + Personal allowance + Fatigue allowance + Delay allowance)

The standard time for this process can be calculated by adding the sum of the observed times for each work element to the sum of the allowances:

Standard time = (Observed time for element 1 + Observed time for element 2 + Observed time for element 3 + Observed time for element 4) + (Personal allowance + Fatigue allowance + Delay allowance)