In fedro Inc. The 1st unit takes 23 hours tobe produced with Learning curve rate of91% determine the time taken by 16th unitby crawford model ?

Given: Time taken by 1st Unit = 23 Hours Learning curve rate = 91% or 0.9 To be determined: The…

Answered: In fedro Inc. The 1st unit takes 23…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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The United Mutual and Accident Insurance Company has alarge pool of clerical employees who process insuranceapplication forms on networked computers. When thecompany hires a new clerical employee, it takes that personabout 48 minutes to process a form. The learning curve forthis job is 88%, but no additional learning will take placeafter about the 100th form is processed. United Mutual hasrecently acquired a smaller competitor that will add 800new forms per week to its clerical pool. If an employeeworks six hours per day (excluding breaks, meals, and soon) per five-day week, how many employees would behired to absorb the extra workload?
In Tronys Inc the first unit takes around 57 hours for the production whereas the learning curve rate is 71%, calculate the time taken by 32th unit with using crawford model ?
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Cumulative Average-Time Learning CurvePohlman Company makes aircraft engines. Pohlman has noticed that, in general, each new engine design is subject to an 80 percent learning rate. Assume that the first unit produced takes500 hours, and direct labor is paid an average of $30 per hour. Required:1. Set up a table with columns showing: the cumulative number of units, cumulative average time per unit in hours, and cumulative total time in hours. Show results by row for total pro-duction of: one engine, two engines, four engines, eight engines, sixteen engines, and thirty-two engines. (Round hour answers to two significant digits.) 2. What is the total labor cost if Pohlman manufactures the following number of engines: one,four, or sixteen? What is the average cost per engine for the following number of engines:one, four, or sixteen? (Round your answers to the nearest dollar.)3. What if Pohlman is preparing a bid to build 16 engines? Calculate budgeted labor cost for anengine design which…
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In fedro Inc. The 1st unit takes 23 hours to be produced with Learning curve rate of 91% determine the time taken by 16th unit by crawford model ?