Page 293 - Industrial Process Plant Construction Estimating and Man Hour Analysis
P. 293

Appendix B 273


                where
                y¼hours required for the nth unit of production
                a¼hours required for the first unit
                b¼natural slope
             The power function y¼ax b is transformed from a curved line on arithmetic
                                  ^
             scales to a straight line on log-log scales; let
                                         y ¼ log y
                                         a ¼ log a
                                         x ¼ log x

                Taking logarithms of both sides, logy¼log a+xlog b appears like y¼a+bx.

             Calculating sample size
             Sample size: absolute precision

                                         2 ∗ ∗
                                     n ¼ z p 1 pÞ=e 2
                                            ð
                where
                z ¼ z value (1.96 for 95% confidence level)
                p ¼ percentage expressed as a decimal (0.2)
                e ¼ acceptable error percentage as a decimal (.05¼ 5%)

             Calculating error limits for a sample size
             Given sample size is calculated by
                                         2 ∗ ∗      2

                                    n ¼ z p 1 pð  Þ =e
             Determine the limit of error, e
                                       ∗  ∗       ^
                                   e ¼ z p 1 pðð  Þ=nÞ 1=2

             Work sampling method
             Model: Hs¼(N i ) (Ht) (RF) (1+PF&D)/N
                where

                Hs¼standard man-hours per task
                N i ¼observation of event i
                Ht¼total man-hours worked during sample study
                RF¼rating factor
                PF&D¼personal, fatigue, and delay allowance
                N¼number of random observations during sample study
   288   289   290   291   292   293   294   295   296   297   298