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 34P
Summary Introduction

To determine: The time required to produce 100,000th, assuming the learning curve remains accurate on considering the learning curve derived in problem 30.

Introduction:

Learning curve strategy refers to the graphical representation of the relationship between cost and output over a fixed period.The learning curve is based on the idea that the process gets better overtime or as the task repeated.

Learning rate is part of the learning curve. In the learning rate technique, learning grows withspecified percentage every time when the time is doubled.

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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
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.
An aircraft company has an order to refurbish the interiors of 18 jet aircraft. The work has a learning curve percentage of 80. On the basis of experience with similar jobs, the industrial engineering department estimates that the first plan will require 300 hours to refurbish. Estimate the amount of time needed to complete: The 5th plane, The first 5 planes, All 18 planes. For a, use logarithmic approach formula, for b and c, use learningcurve approach formula.
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