Production and Operations Analysis, Seventh Edition
Production and Operations Analysis, Seventh Edition
7th Edition
ISBN: 9781478623069
Author: Steven Nahmias, Tava Lennon Olsen
Publisher: Waveland Press, Inc.
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Chapter 1.10, Problem 33P

(a)

Summary Introduction

To determine:

The logarithm of each number in the given data.

Introduction:

The logarithm is an inverse exponential function which means the logarithm of a number A is the exponent to the another fixed number, the base b must be raised enough, to generate that number A.

(b)

Summary Introduction

To determine: Plot the value ofln (hrs.) against the ln (hrs.) on the graph in such a way that all the values will come in a straight line.

Introduction:

The logarithm is an inverse exponential function which means the logarithm of a number A is the exponent to the another fixed number, the base b must be raised enough, to generate that number A.

(c)

Summary Introduction

To determine:

After analyzing the part b, evaluate the time required to generate the first unit and the appropriate percentage learning curve that fits to the data of part b.

Introduction:

(d)

Summary Introduction

To determine:

Based on the part b and c, evaluate exact least square fit of the algorithm determined in part a.

Introduction:

To fit the regression line using the excel sheet that exact intercept and slope are.

Intercept = 3.23

Slope= -0.54

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