CONNECT F/OPERATIONS MGMT
CONNECT F/OPERATIONS MGMT
14th Edition
ISBN: 9781264344963
Author: Stevenson
Publisher: INTER MCG
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Chapter 7.S, Problem 6P
Summary Introduction

To determine: The time to complete problems 2, 3 and 4.

Introduction: Learning curve is referred as the cost curve, experience curve, efficiency curve or productivity curve. The leaving curve gives information about the cost, efficiency, productivity and performance of an organization.

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Students in an operations management class have been assigned four similar homework problems.One student noted that it took her 50 minutes to complete the first problem. Assume that the fourproblems are similar and that a 70 percent learning curve is appropriate. How much time can thisstudent plan to spend solving the remaining problems?
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?
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

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CONNECT F/OPERATIONS MGMT

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