Solved: Determining standard time for gift wrapping, Operation Management

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Determining standard time for gift wrapping

Assignment:

Jell Lee Beans is famous for its boxed candies, which are sold primarily to businesses. One operator had the following observed times for gift wrapping in minutes: 2.2, 2.6, 2.3, 2.5, 2.4. The operator has a performance rating of 105% and an allowance factor of 10%. What is the standard time for gift wrapping?

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Operation Management: Determining standard time for gift wrapping

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