The time required for fourth machine for a learning rate of 95%. Introduction: Learning curve: Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time. Doubling effect: The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

Question

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Answer 1

Question

Chapter E, Problem 10P

a)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 95%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

b)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 87%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

c)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 72%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

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Students have asked these similar questions

If 315 labor hours were required to produce the 1st unit in a production run and 137 labor hours were required to produce the 9th unit, what was the learning-curve rate during production?

A manager would prefer which learning percentage 110 or 60 percent. Explain ?

Only typed explanation otherwise leave it United Research Associates (URA) had received a contract to produce two units of a new cruise missile guidance control. The first unit took 5,000 hours to complete and cost $30,000 in materials and equipment usage. The second took 3,750 hours and cost $19,500 in materials and equipment usage. Labor cost is charged at $25 per hour. The company expects “learning” to occur relative to labor and also the pricing of parts from suppliers. The prime contractor has now approached URA and asked to submit a bid for the cost of producing another 20 guidance controls. a. What will the last unit cost to build? (Round your answer to the nearest dollar amount.) b. What will be the average time for the 20 missile guidance controls? (Round your answer to the nearest whole number.) c. What will the average cost be for guidance control for the 20 in the contract? (Round your answer to the nearest dollar amount.)

Answer 2

Question

Chapter E, Problem 10P

a)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 95%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

b)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 87%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

c)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 72%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

Expert Solution & Answer

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Answer 3

Question

Chapter E, Problem 10P

a)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 95%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

b)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 87%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

c)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 72%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

Expert Solution & Answer

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Answer 4

Question

Chapter E, Problem 10P

a)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 95%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

b)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 87%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

c)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 72%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

Expert Solution & Answer

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Answer 5

Chapter E, Problem 10P

a)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 95%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

b)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 87%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

c)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 72%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

Answer 6

Chapter E, Problem 10P

a)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 95%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

Answer 7

Chapter E, Problem 10P

a)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 95%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

Answer 8

b)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 87%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

Answer 9

b)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 87%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

Answer 10

c)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 72%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

Answer 11

c)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 72%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

Answer 12

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Answer 13

Expert Solution & Answer

Answer 14

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Answer 15

Ch. E - Prob. 1DQ Ch. E - Prob. 2DQ Ch. E - Prob. 3DQ Ch. E - Prob. 4DQ Ch. E - Prob. 5DQ Ch. E - Prob. 6DQ Ch. E - Prob. 7DQ Ch. E - Prob. 8DQ Ch. E - Prob. 1P Ch. E - Prob. 2P

Solution Summary: The author explains the learning curve, which depicts the relationship between cost and output over a definitive period of time.

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Chapter E Solutions