Method of Calculation
The Standard Time is the product of three factors:
- Observed time: The time measured to complete the task.
- Performance rating factor: The pace the person is working at. 90% is working slower than normal, 110% is working faster than normal, 100% is normal. This factor is calculated by an experienced worker who is trained to observe and determine the rating.
- Personal, fatigue, and delay (PFD) allowance.
The standard time can then be calculated by using:
Read more about this topic: Standard Time (manufacturing)
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