It takes Boeing 27,400 hours to produce the fifth 787 jet. The learning factor is 75%
Time required for the production of the twelfth 787:
12th unit time _____ hours (round your responses to the nearest whole number)
Question: It takes Boeing 27,400 hours to produce the fifth 787 jet. The learning factor is 75%. Time required for the production of the twelfth 787:
Answer: 19068 hours
Explanation:
Given that:
T5 = 27400 hours
Learning Curve = 75%
Now, from the Learning curve coefficients table
C = 5th of 75% = 0.513
Now:
Let us first find hours required to produce first Boeing:
T1 = 27400 / 0.513
T1 = 53411.3060429
T1 = 53411.31
Now:
Time required for the production of the 12th 787 is given by:
T12 = T1 x C
Here: C = 12th of 75% = 0.357 and T1 = 53411.31
Therefore:
T12 = 53411.31 x 0.357
T12 = 19067.83767
T12 = 19068
It takes Boeing 27,400 hours to produce the fifth 787 jet. The learning factor is 75%...
(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 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...
Find the time per unit (in minutes) required to produce the first unit, if the slope parameter of the learning rate is 86 % and the time to complete unit 65 takes 9 minutes. (Enter your answer as a number without the units.)
Exercise 5-46 Learning Curves (LO 5-6) Assume that General Dynamics, which manufactures high-technology instruments for spacecraft, is considering the sale of a navigational unit to a government agency in India that wishes to launch its own communications satellite. The government agency plans to purchase 8 units, although it would also consider buying 16 units. General Dynamics has started a chart relating labor time required to units produced. Unit Produced (X) Time Required to produce the Xth Unit 23,000 hours 16.100...
This is what I have so far. I don't know if the answers are right Learning Curve Sharon Glessing, controller for Janson Company, has noticed that the company faces a 80 percent learning rate for its specialty design line. In planning the cost of the latest design, Sharon assumed that the first set of units would take 1,100 di labor hours. She decided to use this information in budgeting for the cost of the total project, which would involve the...
United Research Associates (URA) has received a contract to produce two units of a new cruise missile guidance control. The first unit took 4,000 hours to complete and cost $30,000 in materials and equipment usage. The second took 2,800 hours and cost $18,000 in materials and equipment usage. Labor cost is charged at $22 per hour. The prime contractor has now approached URA and asked to submit a bid for the cost of producing another 20 guidance controls. Use Exhibit...
Assume that General Dynamics, which manufactures high-technology instruments for spacecraft, is considering the sale of a navigational unit to a government agency in India that wishes to launch its own communications satellite. The government agency plans to purchase 8 units, although it would also consider buying 16 units. General Dynamics has started a chart relating labor time required to units produced. Unit Produced (X) Time Required to Produce the Xth Unit 10,000 hours 5,000 hours 2,500 hours NT Required: a....
United Research Associates (URA) had received a contract to produce two units of a new cruise missile guidance control. The first unit took 4,000 hours to complete and cost $30,000 in materials and equipment usage. The second took 2,800 hours and cost $18,000 in materials and equipment usage. Labor cost is charged at $22 per hour. The prime contractor has now approached URA and asked to submit a bid for the cost of producing another 20 guidance controls. Use Exhibit...
Plan production for a four-month period: February through May. For February and March, you should produce to exact demand forecast. For April and May, you should use overtime and inventory with a stable workforce; stable means that the number of workers needed for March will be held constant through May. However, government constraints put a maximum of 5,000 hours of overtime labor per month in April and May (zero overtime in February and March). If demand exceeds supply, then backorders...
Problem 6-10 United Research Associates (URA) had received a contract to produce two units of a new cruise missile guidance control. The first unit took 4,000 hours to complete and cost $40,000 in materials and equipment usage. The second took 3,600 hours and cost $32,000 in materials and equipment usage. Labor cost is charged at $20 per hour. The prime contractor has now approached URA and asked to submit a bid for the cost of producing another 20 guidance controls....