Question

Based on a careful work study in the Hofstetter Corp., the results shown in the following table have been observed Observatio

A: Find the Normal Time for the "Prepare Daily Reports" operation:

B: Normal Time for "Photocopy Results" Operation:

C: Normal TIme for the "Label and Package Reports Operation:

D: Normal Time for "Distribution Reports" Operation:

E: Normal Time for the ENTIRE OPERATION PROCESS

F: The Standard Time for this Process:

G: The number of Operations that are required for a 90, 95, and 99% confidence level with 5% accuracy?

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Answer #1

Below is the screenshot of the formula applied to get the result -

Observation number Excel Tell me what you want to do General Abhishek Rai File Home Page Layout Formulas Data Review View Hel

Below will be the desired result and number of observation at 99% confidence level -

Observation number Excel File Home Insert Page Layout Formulas Data Review View Help Tell me what you want to do Wrap Text 園

Number of observation at 99% confidence level = 1008

Similarly we will change the z value in excel for different confidence level. Below will be the result -

Number of observation at 95% confidence level = 582

Number of observation at 90% confidence level = 410

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