Standard times derived from a firm's historical data are known as:
A) predetermined times.
B) MTM.
C) work sampling times.
D) judgmental times.
E) standard elemental times.

Name: Standard times derived from a firm's historical data are known as: A) predetermined times. B) MTM. C) work sampling times. D) judgmental times. E) standard elemental times.
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Question

Quizplus · Accepted Answer

Standard elemental times are derived from a firm's historical data and are used to establish time standards for tasks based on past performance.

Standard Times Derived from a Firm's Historical Data Are Known