Define time study and describe the basic procedures for conducting a time study.

Time study is the development of a standard time by observing a task and analyzing it with the use of a stopwatch. The general approach to time study can be described as follows:
1 . Define and evaluate each task and activity.
2 . Measure and record the time needed to perform each task or activity over a number of cycles.
3 . Rate the employee's performance of each task or activity.
4 . Use the performance rating to determine the normal task time.
5 . Determine the allowance factor for the work activity.
6 . Determine the standard time.