The Dubuque Cement Company packs 80-pound bags of concrete mix. Time-study data for the filling activity are shown in the following table. Because of the high physical demands of the job, the company%u2019s policy is a 23% allowance for workers. a) Compute the standard time for the bag-packing task. b) How many observations are necessary for 99% confidence, within 5% accuracy? MGT 455 WEEK 6 QUESTION 10 29 Element Observations (seconds) Performance Rating (%) 1 2 3 4 5 Grasp and place bag 8 9 8 11 7 110 Fill bag 36 41 39 35 112a 85 Seal bag 15 17 13 20 18 105 Place bag on conveyor 8 6 9 30b 35b 90 aBag breaks open; included as delay in the allowance factor. bConveyor jams; included as delay in the allowance factor.