Answered: If the first unit of a product took 25…

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?

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Recall from the lecture that the functional form for a learning curve (LC) is y = axb where y is time to produce the most recent unit and x is the cumulative production. Here, the coefficient a is the time required to produce the first unit. The exponent (b), which is negative value, represents the learning rate. Consider a production system that needs to produce its main product based on 75% learning curve. It was measured that it took 180 minutes to produce the first unit from this production system. A. How much time would it take to produce the 20th unit? Show your work. B. Suppose the 20th unit was just produced and customer placed order of 10 more units. How much time would it take to produce those 10 more units? Use definite integral method with adjusted range. Show your work. C. What is the production rate for producing 10 units in the above question (#1.B) in the dimension of [parts/hour]? Show your work.
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Ma1. 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)?
I submitted this question for answering yesterday,but I can't figure out how the learning rate was calculated as =70%
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).
In 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 ?
Company, is beginning the production of a new product. Management believes that 500 labor hours will be required to complete the new unit. An 85 percent incremental unit-time learning curve model for direct labor hours is assumed to be valid. Assume the q = -0.2345. What is the total hours for 3 units?
Outline some of the cautions and criticisms of learning curves.
It 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).
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=
Although 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?
The product adx takes 77 hours for production of 1 unit, where learning curve rate is 57% and what will be the total time taken by 2th unit of product adx using incremental unit time method ?