Mylab Operations Management With Pearson Etext -- Access Card -- For Operations Management: Sustainability And Supply Chain Management (13th Edition)
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Chapter E, Problem 3P

a)

Summary Introduction

To determine: The time taken to grade the 25th exam.

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.

b)

Summary Introduction

To determine: The time taken to grade the first 10 exams.

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.

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If Professor Laurie Macdonald takes 18 minutes to grade the first exam and follows an 75​% learning curve​ then, the amount of time she requires to​ grade the 25th exam.  The unit time is .263
You are setting up a new production line for a new type of delivery drones. You observed that the cost for the 10th unit was $6296.33 and the cost for the 80th unit was $4146.15.   a) What is the K for the learning curve model of this production line?   b) What is the s for the learning curve model of this production line?   c) At which unit does its production cost start to be less than $1500?
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