Kelly-Lambing, Inc., a builder of government contracted small ships, has a steady work force of 10very skilled craftspeople. These workers can supply 2,500 labor-hours each per year. Kelly-Lambing isabout to undertake a new contract, building a new style of boat. The first boat is expected to take 6,200hours to complete. The firm thinks that 80% is the expected learning rate. What is the firm's "capacity" tomake these boats-that is, how many units can the firm make in 1 year? If the operations manager canincrease the learning rate to 75% instead of 80%, how many units can the firm make? (Round allnumerical responses in this exercise to the nearest whole number.)Total time available =Number of Boats869 SA457hoursTotal Time75% LearningRateTotal Time80% Learning RateTotal number of boats with 75% learning rate =Total number of boats with 80% learning rate =

Answered: Kelly-Lambing, Inc., a builder of…

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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29 ABC Hospital completed its first transplant, and the procedure took 50 hours. The hospital has five more transplants scheduled. Based on other similar procedures carried out, the hospital estimates that it has an 85% learning rate. Estimate the time it will take to complete the third transplant. a 34.5 hours b 36 hours c 38.67 hours d 40 hours
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).
The personnel manager of Powerwest Inc. want to estimate the direct and cumulative average direct labor hours for producing 30 locomotive train units during then next year. He estimates from past experience that the learning rate is 90 percent. The production department estimate that manufacturing the first unit will take 30,000 hours. Each employee average 200 hours per month. The production rate forecast is as follows: Month Production Rate (units) Month Production Rate (units) January 2 July 2 February 3 August 4 March 2 September 3 April 4 October 3 May 3 November 1 June 2 December 1 How many direct hours are required to produce the 30th unit? How many total hours are needed to produce all 30 units? What is the maximum number of employees required next year? If the learning rate were to change to 0.85, what would be the impact on the total hours and the number of employees needed to product 30 units?
solve the question within 30 mins.
Your work for Double 9 Enterprises involves the manufacture of new magnesium parts for a particulate capture system. No matter the changes you make, your learning curve is standard at 89% because you do a good job at employee retention and most have been with the company for many years. You typically reach steady state by the 37th unit within the first 120 hours of the production run. Your new process has an estimated 96% learning curve, but it is producing at a much faster rate than expected. With steady state being reached now for the 29th unit in 99 hours, what is your estimated time for the 1st unit in this run in hours?
Berringer Designs hired a graphic artist. It is estimated that the artist's learning rate is at 70% and her first quarter's output amounted to 300 relatively equal job outputs, which took her a total of 50 hours to complete. Output is expected to double in every succeeding quarter. By the 5th quarter, based on learning curve estimates, what should the artist's average time (in hours) be for the units of output? Multiple Choice 17.15 hours 3.5 hours 12.005 hours 6.9 hours None of the answers is correct
When the rate of output and the total average direct labour have doubled per time What is the appropriate learning rate? Requirements decreased by 5%?
The time to asaemble the first unit on a production line is 19 hours. The learning rate is 0.85. Approximately how long will it take for the fifth unit to be assembled?
K 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 = hours.
Girish Shambu and Delores Reisel are teammates at a discount store; their new job is assembling bicycles for customers. Assembly of a bike has a learning rate of 75%. They forgot to time their effort on the first bike, but spent 5 hours on the second. They have 6 more bikes to do. Determine approximately how much time will be (was) required for: a) The 1st unit= hours (round your response to two decimal places). b) The 8th unit-hours (round your response to two decimal places). c) The total amount of hours to build the 8 units-hours (round your response to two decimal places).
Your company has received an order for 20 units of a product. Th e labor cost to produce the item is $9.50 per hour. The setup cost for the item is $60 and material costs are $25 per unit. The item is sold for $92. Th e learning rate is 80 percent. Overhead is assessed at a rate of 55 percent of unit labor cost.(a) Determine the average unit cost for the 20 units if the firstunit takes four hours.(b) Determine the minimum number of units that need to bemade before the selling price meets or exceeds the averageunit cost.
The product tesla takes 89.88 hours for production of 1 unit, where learning curve rate is 87% and what will be the total time taken by 16th unit of product tesla using incremental unit time method ?

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