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the observed time for an element is 2 minutes. the rating factor is 80%. if standard time is 1.76, how much allowance is given for the element?

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Final answer:

To calculate the allowance, adjust the standard time of 1.76 minutes with the rating factor of 80% to get 2.20 minutes. Subtract this from the observed time of 2 minutes to find an allowance of -0.20 minutes, indicating a faster completion than the adjusted standard time.

Step-by-step explanation:

The question involves calculating the allowance given for an element based on its observed time, standard time, and rating factor. The observed time for the element is 2 minutes, and the standard time is given as 1.76 minutes. The rating factor is 80%, which is used to adjust the standard time to reflect normal performance.

First, we calculate the standard time adjusted for the rating factor:

Adjusted Standard Time = Standard Time / Rating Factor

Adjusted Standard Time = 1.76 / 0.80

Adjusted Standard Time = 2.20 minutes

The allowance is then calculated by subtracting the standard time from the observed time:

Allowance = Observed Time - Adjusted Standard Time

Allowance = 2 - 2.20

Allowance = -0.20 minutes

In this case, the negative allowance indicates that the task was completed faster than the adjusted standard time allows.

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