Learning Curves 1. Mass Balance Company is manufacturing a new digital scale for use by a large chemical company. The order is for 40 units. The first scale took 60 hours of direct labor. The second unit took 54 hours to complete. d) What is the average time per unit for producing the last 10 units (#31 - #40)
Learning Curves 1. Mass Balance Company is manufacturing a new digital scale for use by a large chemical company. The order is for 40 units. The first scale took 60 hours of direct labor. The second unit took 54 hours to complete. d) What is the average time per unit for producing the last 10 units (#31 - #40)
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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1. Mass Balance Company is manufacturing a new digital scale for use by a large chemical company. The order is for 40 units. The first scale took 60 hours of direct labor. The second unit took 54 hours to complete.
d) What is the average time per unit for producing the last 10 units (#31 - #40)?
Expert Solution
Step 1
Y = ax^b
Y = no of unit produced.
A = time taken by first unit
B = learning rate / log
The average time per unit for producing the last 10 units (#30 - #40) is -
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