Kelly-Lambing, Inc., a builder of government contracted small ships, has a steady work force of 10 very skilledcraftspeople. These workers can supply 2,440 labor-hours each per year. Kelly-Lambing is about to undertake a newcontract, building a new style of boat. The first boat is expected to take 6,100 hours to complete. The firm thinks that75% is the expected learning rate. What is the firm's "capacity" to make these boats-that is, how many units can thefirm make in 1 year? If the operations manager can increase the learning rate to 70% instead of 75%, how many unitscan the firm make? (Round all numerical responses in this exercise to the nearest whole number.)Total time available = 24400 hours.Number of Boats45678Total Time75% Learning Rate17971210992399926719

Given, First unit takes 6100 hours Learning rate = 75% Learning coefficient b = Log(0.75)/Log(2) =…

Answered: Kelly-Lambing, Inc., a builder of…

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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Similar questions

Aqeel bought 6 bookcases for his place. Each required unpacking of parts and assembly, which included some nailing and bolting. Aqeel completed the first bookcase in 5 hours and the second in 4 hours. 1-What is his learning rate (k)? 2-What is his learning-curve value of b? 3-Assuming that the same rate continues, how long will the 3rd, 4th, 5th, and 6th bookcases take? Y3 = hours Y4 = hours Y5 = hours Y6 = hours 5-How long will take him to finish all the 6 cases? It will take him hours.
NUBD Company is planning to introduce a new product with an 85 percent learning rate for production for batches of 1,000 units. The variable labor costs are P30 per unit for the first 1,000-unit batch. Each batch requires 100 hours. There are P10,000 in fixed costs not subject to learning. What is the cumulative total time (labor hours) to produce 2,000 units based on the cumulative average-time learning curve?
Omega Technology is starting production of a new supercomputer for use in large research universities. It has just completed the i rst unit, which took 120 labor hours to produce. Based on its experience, it estimates its learning percentage to be 80 percent. How many labor hours should it expect the second unit to require to manufacture?
NUBD Company is planning to introduce a new product with an 90% learning rate for production for batches of 1,000 units. The variable labor costs are 30 per unit for the first 1,000-unit batch. Each batch requires 100 hours. There are 10,000 in fixed costs not subject to learning. What is the cumulative total time (labor hours) to produce 2,000 units based on the cumulative average-time learning curve?
National Company is planning to introduce a new product with an 90 percent learning rate for production for batches of 1,000 units. The variable labor costs are P30 per unit for the first 1,000-unit batch. Each batch requires 100 hours. There are P10,000 in fixed costs not subject to learning. What is the total labor cost for the cumulative total time using the incremental unit-time learning curve to produce 2,000 units?
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?
You are asked to do a learning curve analysis as part of your internship project, but you discover that the data is pretty slim. Unfortunately you don't have time to do more field work and you have to come up with the best estimate based on the available data. Here's what you know: It took 98.71 minutes to complete the seventh unit and only 89.35 minutes to complete the twelfth unit. What is your best estimate of the Learning Rate for this process?
If it took 410 hours to produce the first unit of a product, and the learning curve is 90%, how long will it take to produce units 12 through 25???
Suppose a manufacturer of copiers has concluded that a 70 percent learning curve applies to the time a beginning service technician takes to install copy machines. Use the Learning Curve Excel template to answer the following questions: If the time required to install the first copy machine is estimated to be five hours, what is an estimate of the time required by a new technician to install the second and third copiers? Round your answers to one decimal place. For x = 2 it takes hours For x = 3 it takes hours If the learning rate changes to 65 or 95 percent, what is an estimate of the time required by a new technician to install the second and third copiers? Round your answers to one decimal place. For x = 2 and a 65% LC, it takes hours For x = 3 and a 65% LC, it takes hours For x = 2 and a 95% LC, it takes hours For x = 3 and a 95% LC, it takes hours
Company, is beginning the production of a new product. Management believes that 500 labor hours will be required to complete the new unit. An 85 percent incremental unit-time learning curve model for direct labor hours is assumed to be valid. Assume the q = -0.2345. What is the total hours for 3 units?
Maxera Corporation has designed a new video game controller. It took the company 52 minutes to produce the first unit. If the company uses a 75% learning rate for this task, how long should it take the company to produce the 6th unit? the 18th unit? the 30th unit? the first 6 units? the first 18 units? the first 30 units? the units 7th through 18th? the units 19th through 30th?
If a company is preparing a bid on a government contract for 40 units of a certain product. The operations manager estimates the assembly time required for the first two units to be 10.4 hours and 8.8 hours respectively. What is the appropriate learning curve? Explain and show your answer.

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