Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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A job is known to have a learning percentage equal to 82. If the first unit had a completion time of
20 hours, estimate the times that will be needed to complete the third and fourth units.
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- A new product made from recycled bio-plastics needs 20 labor hours to complete the build for the first unit. If production operates at a 85% learning curve rate, calculate the average labor hours required per unit to produce five units.arrow_forwardA new training program at Arid Industries is intended to lower the learning-curve coefficient of a certain molding operation that currently costs $95.50/hour. The current coefficient is .87, and the program hopes to lower the coefficient by 10%. Assume that the time to mold the first product is 8 hours. If the program is successful, what cost savings will be realized when the 2000th piece is produced?arrow_forwardA newly established electric car company estimates that the manufacturing time for their 4th car to be 77.0 hours. Given an 85.0 learning percentage and a labor/overhead cost of $650 per hour, what's the total labor/overhead cost for the first set of 10 cars of the runarrow_forward
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