A company conducted a time study for shaft making job by using lathe machine. Around 100 observations were made during time study and data for the same are shown in below Table. The performance rating of the worker is 95 percent. Find the standard time for the shaft making job by assuming an allowance percentage of 12 percent.
Frequency
27
24
20
16
13
Cycle time (Mins.)
18
17
19
20
16
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