IMPORTANT FORMULA MODULE 4 Employee Productivity Observed time X Observed Rating = Normal Time X Standard Rating Performance Rating

ting = or Rating Factor Observed Rating Standard Rating

Observed time per unit X Observed Rating = Normal Time per unit X Standard Rating Observed time per unit = Observed Time for X units X

Observed time = Working time Idle Time Standard time per unit = Normal time per unit + Allowances Standard Production of a hrs shift = aX 60 mins Standard time per unit (mins)

Work Sampling
N = C^2pq E^2 Where: N = no. of observations required for work sampling study C= constant depending on confidence level p = percentage of idling q = percentage of activity = 1 - p E = absolute error s = relative error or C^2pq (sp)^2

Desired confidence (%) 90 95 95.5 98 99

C Values

1.65 1.96 2.00 2.33 2.58

OM MODULE 4 Hand out 1