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The first unit of a product took 500 hours to build, and the learning rate for...
The first unit of a product took 80 days for production. The learning rate for the...
The first unit of a product took 80 days for production. The learning rate for the production process is 75%. How long will it take to make the 17th unit? (You can use Table E.3 in Module E (Learning Curves) of the textbook.) from 22 to 23 days from 24 to 25 days from 21 to 22 days from 25 to 26 days from 23 to 24 days The first unit of a product took 80 days for production. The...
Question 3 2 pts The first unit of a product took 80 days for production. The...
Question 3 2 pts The first unit of a product took 80 days for production. The learning rate for the production process is 85%. How long will it take to make the units 10th through 13th? (Use Table E.3 in Module E (Learning Curves) of the textbook.) from 115 to 135 days from 175 to 195 days from 135 to 155 days from 155 to 175 days from 195 to 215 days
6. If it took 80 hours to produce the first unit of a product, and the...
6. If it took 80 hours to produce the first unit of a product, and the learning rate is 80%, how long will it take to produce units 26 through 125? A. 1158.54 hours B. 1998.94 hours C. 1779.07 hours D. 2064.36 hours E Impossible to answer in the time allowed. 5. If it takes 60 hours to produce the first unit of a product and 50 hours to produce the 12th unit, what is the learning rate? A. 95.04%...
Assume that a certain process has an 95% learning curve effect and the first unit took...
Assume that a certain process has an 95% learning curve effect and the first unit took 4000hrs to produce. Required: Compute the number of hours required to produce the first 34 units (3 Marks) Compute the number of hours required to produce 34th unit. (2 Marks) iii) Assume that the wage rate is Kshs.100 per hour, compute the Labor cost of producing the last 16 units
(1) Let us suppose it costs $70 to produce the 80th unit, assuming a learning rate...
(1) Let us suppose it costs $70 to produce the 80th unit, assuming a learning rate of 95%, determine the cost of the 160th unit. (2) If the 4th unit took 24 hours to produce, and the 20th unit took 19 hours to produce, what would the learning rate be? Note: Express your answer in decimal places, i.e., if your answer is 40.56%, enter in 0.4056. (3) Let us suppose it costs $500 to produce the 120th unit, assuming a...
It took MegaTech, Inc. 200,000 labor-hours to produce the first of several oil drilling rigs for...
It took MegaTech, Inc. 200,000 labor-hours to produce the first of several oil drilling rigs for Antarctic exploration. Your company, Natural Resources, Inc. has agreed to purchase the fifth oil drilling rig from their manufacturing yard. Assume that MegaTech experiences a learning rate of 75%. At a labor rate of $38 per hour, what should you, as the purchasing agent expect to pay for the fifth unit? TN = T1C, Where TN = Time needed to produce the Nth unit...
A marketing professor at UTRGV is interested in the relationship between hours spent studying and total...
A marketing professor at UTRGV is interested in the relationship between hours spent studying and total points earned in a course. The following is the data collected from 8 students. Please collect data for another 2 students and answer the questions based on the dataset including 10 students. Hours Spent Studying Total Points Earned 45 40 30 35 90 75 60 65 105 90 65 50 90 90 80 80 75 85 50 55 develop an estimated regression equation showing...
40. The labour cost to construct the first unit of a special piece of equipment was...
40. The labour cost to construct the first unit of a special piece of equipment was $126,000. If labour costs are subject to a 90% learning curve, what will be the cost to build the second unit? Use the following values as needed to respond In(95%) / ln(2)s-0074 In(90%) /ln(2) =-0.152 In(8596) / ln(2) =-0.234 In(80%) / In(2) =-0.322 n(75%)/In(2) =-0.415 In(70%)/In(2) -0.515 a) $126,000 b) $113,000 c) $100,800 d) $113,400 Answer: d 41 A firm will build 8 units...
Learning curves are used in production operations to estimate the time required to complete a repetitive...
Learning curves are used in production operations to estimate the time required to complete a repetitive task as an operator gains experience. Suppose a production manager has compiled 30 time values (in minutes) for a particular operator as she progressed down the learning curve during the first 100 units. A portion of this data is shown in the accompanying table. Time Per Unit Unit Number 18.30 3 17.50 5 12.80 8 11.30 12 10.00 17 8.50 21 8.90 24 8.70...
1) Two groups of second grade students were given a counting task. Group A was given...
1) Two groups of second grade students were given a counting task. Group A was given objects and pictures to work with to help them count. Group B was just given picture representations, and took longer overall to complete the task. Each of the histograms below show the distribution of completion times, in minutes, for one of the two groups. Histogram Histogram II 12 Frequency Frequency 35 45 55 65 75 85 95 105115 35 45 55 65 75 85...
Question 3 2 pts The first unit of a product took 80 days for production. The learning rate for the production process is 85%. How long will it take to make the units 10th through 13th? (Use Table E.3 in Module E (Learning Curves) of the textbook.) from 115 to 135 days from 175 to 195 days from 135 to 155 days from 155 to 175 days from 195 to 215 days
6. If it took 80 hours to produce the first unit of a product, and the learning rate is 80%, how long will it take to produce units 26 through 125? A. 1158.54 hours B. 1998.94 hours C. 1779.07 hours D. 2064.36 hours E Impossible to answer in the time allowed. 5. If it takes 60 hours to produce the first unit of a product and 50 hours to produce the 12th unit, what is the learning rate? A. 95.04%...
40. The labour cost to construct the first unit of a special piece of equipment was $126,000. If labour costs are subject to a 90% learning curve, what will be the cost to build the second unit? Use the following values as needed to respond In(95%) / ln(2)s-0074 In(90%) /ln(2) =-0.152 In(8596) / ln(2) =-0.234 In(80%) / In(2) =-0.322 n(75%)/In(2) =-0.415 In(70%)/In(2) -0.515 a) $126,000 b) $113,000 c) $100,800 d) $113,400 Answer: d 41 A firm will build 8 units...
1) Two groups of second grade students were given a counting task. Group A was given objects and pictures to work with to help them count. Group B was just given picture representations, and took longer overall to complete the task. Each of the histograms below show the distribution of completion times, in minutes, for one of the two groups. Histogram Histogram II 12 Frequency Frequency 35 45 55 65 75 85 95 105115 35 45 55 65 75 85...
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