a)
To determine: The time taken for first 3 corneal transplants.
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)
To determine: The time taken for first 6 corneal transplants.
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.
c)
To determine: The time taken for first 8 corneal transplants.
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.
d)
To determine: The time taken for first 16 corneal transplants.
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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Mylab Operations Management With Pearson Etext -- Access Card -- For Operations Management: Sustainability And Supply Chain Management (13th Edition)
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- 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.)arrow_forwardA contractor is preparing a bid to install swimming pools at a new housing addition. The estimated time to build the first pool is 21 hours. The contractor estimates a 90 percent learning rate. Part 2 a. How long do you estimate the time required to install the second pool? enter your response here hours. (Enter your response rounded to two decimal places.) Part 3 b. How long do you estimate the time required to install the fourth pool? enter your response here hours. (Enter your response rounded to two decimal places.)arrow_forwardA business analyst wants to validate a standard time for an existing process of a work operation. A previous study conducted have the following information: Standard Deviation - 30 seconds; Average time – 300 seconds With the desired confidence level of 90% and maximum error of 5%, how many observations should the business analyst conduct? Note: Round-up your answer to whole number. Confidence Level Standard Deviation 80% 1.282 90% 1.645 95% 1.960 99% 2.576arrow_forward
- Outline some of the cautions and criticisms of learning curves.arrow_forwardRecently, the Polish General Corporation, well-known for manufacturing appliances and automobile parts, initiated a $13 billion project to produce automobiles. A great deal of learning on the part of management and employees was required. Even though pressure was mounting to get a new product to market in early 2012, the production manager of the newly formed automobile division insisted on almost a year of trial runs before sales started because workers have to do their jobs 60 to 100 times before they can memorize the right sequence. The launch date was set for early 2013. What are the consequences of using this approach to enter the market with a new product?arrow_forwardImagine that you are introducing a new system to college students where they would have to use a special ID number created for them for activities such as logging on to campus computers or using library resources. How would you plan and implement the change by using Lewin's three-stage framework.arrow_forward
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