Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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If the first unit of a product took 25 minutes to produce and the learning curve rate is 80%, how much time will the production of the 100th unit take?
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- Please don't provide handwriting solutionarrow_forwardMa1. DRILL is a company specialized in the design and fabrication of oil drilling rigs. The sales department just received two orders from two companies A and B. The production manager of DRILL decided to deliver the first 3 fabricated rigs to Company A and the next 4 fabricated rigs (rigs 4 to 7) to company B. It took DRILL company 50,000 labor-hours to manufacture the first oil drilling rig. Assume that DRILL experiences a learning rate of 90%. At a labor rate of $100 per hour, what is the labor cost that should be charged to each company (A&B)?arrow_forwardI submitted this question for answering yesterday,but I can't figure out how the learning rate was calculated as =70%arrow_forward
- Richard Dulski's firm is about to bid on a new radar system. Although the product uses new technology, Dulski believes that a learning rate of 85% is appropriate. The first unit is expected to take 760 hours, and the contract is for 13 units. a) The total amount of hours to build the 13 units = hours (round your response to the nearest whole number).arrow_forwardIn fedro Inc. The 1st unit takes 23 hours to be produced with Learning curve rate of 91% determine the time taken by 16th unit by crawford model ?arrow_forwardIt takes Boeing 27,400 hours to produce the eighth 787 jet. The learning factor is 75%. Time required for the production of the twelfth 787: hours 12th unit time (round your response to the nearest whole number).arrow_forward
- Kelly-Lambing, Inc., a builder of government contracted small ships, has a steady work force of 10 very skilled craftspeople. These workers can supply 2,440 labor-hours each per year. Kelly-Lambing is about to undertake a new contract, building a new style of boat. The first boat is expected to take 6,100 hours to complete. The firm thinks that 75% is the expected learning rate. What is the firm's "capacity" to make these boats-that is, how many units can the firm make in 1 year? If the operations manager can increase the learning rate to 70% instead of 75%, how many units can the firm make? (Round all numerical responses in this exercise to the nearest whole number.) Total time available = 24400 hours. Number of Boats 4 5 6 8 Total Time 75% Learning Rate 17971 21099 23999 26719 29292 a) Number of boats completed with 75% learning rate = 6. Total Time 70% Learning Rate 16824 19489 21915 24156 26248 b) Number of boats completed with 70% learning rate=arrow_forwardAlthough the learning curve never completely levels off to a horizontal line, if work standards are to be developed, there must be a point at which, for all practical purposes, learning is said to be have stoppped. If we have an 80 percent learning curve and say that the learning effect will be masked by other variables when the improvement in successive units is less than 0.5 percent, at about what unit number can the standard be set?arrow_forwardMaxera Corporation has designed a new video game controller. It took the company 52 minutes to produce the first unit. If the company uses a 75% learning rate for this task, how long should it take the company to produce the 6th unit? the 18th unit? the 30th unit? the first 6 units? the first 18 units? the first 30 units? the units 7th through 18th? the units 19th through 30th?arrow_forward
- Richard Dulski's firm is about to bid on a new radar system. Although the product uses new technology, Dulski believes that a learning rate of 75% is appropriate. The first unit is expected to take 700 hours, and the contract is for 40 units. a) The total amount of hours to build the 40 units = 9606 hours (round your response to the nearest whole number). b) The average time to build each of the 40 units = 240.15 hours (round your response to two decimal places). c) If a worker works 2,080 hours per year, the number of workers required to complete this contract in a year = workers (round your response to two decimal places).arrow_forwardLucid Inc. has developed a cutting-edge medical device. It took the company 500 hours to build the first device. The company uses an 87% learning rate for this task. How long should it take the company to build the 24th device? the 76th device? the 128th device?arrow_forwardSuppose a manufacturer of copiers has concluded that a 70 percent learning curve applies to the time a beginning service technician takes to install copy machines. Use the Learning Curve Excel template to answer the following questions: If the time required to install the first copy machine is estimated to be five hours, what is an estimate of the time required by a new technician to install the second and third copiers? Round your answers to one decimal place. For x = 2 it takes hours For x = 3 it takes hours If the learning rate changes to 65 or 95 percent, what is an estimate of the time required by a new technician to install the second and third copiers? Round your answers to one decimal place. For x = 2 and a 65% LC, it takes hours For x = 3 and a 65% LC, it takes hours For x = 2 and a 95% LC, it takes hours For x = 3 and a 95% LC, it takes hoursarrow_forward
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