Find the average time per unit required to produce the first 22 units, if the slope parameter of the learning rate is 89% and the first unit takes 467 hoursChoose the correct answer belowO A. C=0. 697 hours per unitO B. C22 223 816 hours per unitOC. C27,162 hours per unitO D. C2 = 325.550 hours per unit

A learning curve is a graphical representation that describes the relationship between how trained…

Answered: Find the average time per unit required…

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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The most important factor(s) effecting the learning curve rate include(s): Select one: A. Complexity of the task B. Percentage of mechanical input C. Percentage of human input D. Only A and C Yield management, also known as revenue management is the amount of output of acceptable quality emerging from a production system compared with the amount that entered it. Select one: True False Obtaining lower unit costs through the use of larger facilities is called economies of scope. Select one: True False It is not unusual for fire departments to use “slack months” for building inspections, conducting prevention programs and giving talks as a way to have anticyclic outputs. Select one: True False In addition to showing time schedules, Gantt charts can also be used for capacities of facilities, workers, jobs,activities, and so forth. Select one: True False
Cumulative Average-Time Learning CurvePohlman Company makes aircraft engines. Pohlman has noticed that, in general, each new engine design is subject to an 80 percent learning rate. Assume that the first unit produced takes500 hours, and direct labor is paid an average of $30 per hour. Required:1. Set up a table with columns showing: the cumulative number of units, cumulative average time per unit in hours, and cumulative total time in hours. Show results by row for total pro-duction of: one engine, two engines, four engines, eight engines, sixteen engines, and thirty-two engines. (Round hour answers to two significant digits.) 2. What is the total labor cost if Pohlman manufactures the following number of engines: one,four, or sixteen? What is the average cost per engine for the following number of engines:one, four, or sixteen? (Round your answers to the nearest dollar.)3. What if Pohlman is preparing a bid to build 16 engines? Calculate budgeted labor cost for anengine design which…
Ma1. DRILL is a company specialized in the design and fabrication of oil drilling rigs. The sales department just received two orders from two companies A and B. The production manager of DRILL decided to deliver the first 3 fabricated rigs to Company A and the next 4 fabricated rigs (rigs 4 to 7) to company B. It took DRILL company 50,000 labor-hours to manufacture the first oil drilling rig. Assume that DRILL experiences a learning rate of 90%. At a labor rate of $100 per hour, what is the labor cost that should be charged to each company (A&B)?
A company began producing a new product in batches four months ago. When production commenced the first batch took 60 hours. The actual learning rate observed is 95%. What will be the average production time per batch for the first 16 batches? a. 48.870 hours b. 46.427 hours c. 54.150 hours d. 51.443 hours
Find the average time per unit required to produce the first 29 units, if the slope parameter of the learning rate is 88% and the first unit takes 445 hours.
Recall from the lecture that the functional form for a learning curve (LC) is y = axb where y is time to produce the most recent unit and x is the cumulative production. Here, the coefficient a is the time required to produce the first unit. The exponent (b), which is negative value, represents the learning rate. Consider a production system that needs to produce its main product based on 75% learning curve. It was measured that it took 180 minutes to produce the first unit from this production system. A. How much time would it take to produce the 20th unit? Show your work. B. Suppose the 20th unit was just produced and customer placed order of 10 more units. How much time would it take to produce those 10 more units? Use definite integral method with adjusted range. Show your work. C. What is the production rate for producing 10 units in the above question (#1.B) in the dimension of [parts/hour]? Show your work.
A learning curve of 80% assumes that direct labor costs are reduced by 25% for each doubling of output. What is the cost of the sixteenth unit produced?
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?
The personnel manager of Powerwest Inc. wants to estimate the direct and cumulative average direct labor hours for producing 30 locomotive train units during the 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 averages 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 Show/explain step by step, so I fully understand the process. 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…
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?
A large grocery corporation has developed the following schedule for converting frozen food display cases to use CFC-free refrigerants: Week Unit 1 20 2 65 3 100 4 140 5 120 Historically, the learning rate has been 90% on such projects. The budget allows for a maximum of 40 direct labor employees per week and a total of 8,000 direct labor hours for the entire schedule. Assuming 40 work hours per week. If the first unit took 30 hours to convert, is this schedule feasible? If not, how can it be altered? Will additional cost involved in altering it?
Which of the following statements is correct for a 60% learning rate? Every time our experience doubles, the time required is cut in half. Every time our experience doubles, the time required doubles. We save 60% of the time required every time our experience doubles. Every time our experience doubles, we save 40% of the time required. When 60% of the time required passes, our experience has doubled.

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