The service times for a new data entry clerk have been measured and sequentially recorded as shown below.ReportTime (minutes)ReportTime (minutes)16645256744353841448547The doubling rate based on the given information are:(Round all numerical responses in table below to one decimal place.)Doubling Period1 to 2Learning Rate (%)2 to 43 to 64 to 8a) The approximate learning curve rate = % (round your response to the nearest whole number).b) Using an 85% learning curve rate and the above times, the time to complete report number 48 =minutes (round your response to two decimal places).

Learning rate (LR) = (Time required for 2nd unit/Time required by 1st unit) * 100 Doubling…

Answered: a) The approximate learning curve rate…

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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a) The approximate learning curve rate = % (round your response to the nearest whole number). %3D b) Using an 85% learning curve rate and the above times, the time to complete report number 48 = minutes (round your response to two decimal places).