9 minutes is the new standard time for the navigator iii.
What is statistics and example?
If a process improvement has changed the mean observed time for element 6 to 1.50 minutes, then
Element 1 2 3 4 5 6
Mean obs. Time(t) 1.11 3.1 0.895 1.283333 1.565 1.5
Normal time 1.0545 1.395 0.93975 1.283333 1.33025 1.65 Sum
Standard time 1.240588 1.641176 1.105588 1.509804 1.565 1.941176
Sum 9.003333
New standard time = 9 minutes
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