16. After initial training, it takes an average 8 hours for a worker to assemble his 1" Whizbang computer by hand. Use the Excel file on Learning Curves to answer the following: 16a) With a 70% learning curve, how many hours should it take the worker to assemble the 3rd computer? 16b) How many computers can the worker expect to finish assembling in his first 40-hr work week? 16c) If the worker is paid $10/hour, how much in dollars will he have earned after assembling 50 computers?
16. After initial training, it takes an average 8 hours for a worker to assemble his 1" Whizbang computer by hand. Use the Excel file on Learning Curves to answer the following: 16a) With a 70% learning curve, how many hours should it take the worker to assemble the 3rd computer? 16b) How many computers can the worker expect to finish assembling in his first 40-hr work week? 16c) If the worker is paid $10/hour, how much in dollars will he have earned after assembling 50 computers?
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...
Related questions
Question
Questions in red question 16 only
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ker is paid S10/hour, bo
S
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15. Answer the questions that follow based on the output below (note: times are in weeks).
Project Management (Triple Time Estimate)
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V
Task Description
F
Q
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Probability that completion is less than
Probability that completion is greater than
NO
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Oprimisto Likely Pessimis
1
3
5
2
2
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4
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write
15a) What steps comprise the "critical path"?
15b) What is the minimum completion time in weeks?
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15c) What is the probability of completing the project in less than 27 weeks?
15d) If TASK C can be completed in half the time for a small fee, would it be worthwhile to pay for it?
Pied Pied Pied Pred Pred
1 2 3 45
16. After initial training, it takes an average 8 hours for a worker to assemble his 1" Whizbang computer by hand. Use
the Excel file on Learning Curves to answer the following:
A
A
BC
C
16a) With a 70% learning curve, how many hours should it take the worker to assemble the 3rd computer?
16b) How many computers can the worker expect to finish assembling in his first 40-hr work week?
16c) If the worker is paid $10/hour, how much in dollars will he have earned after assembling 50 computers?
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Transcribed Image Text:» 15
follow based on
(Triple Time Esti
amprise the "critical
minimum completion
probability of complet
can be completed in h
W
Learning Curves to ano
% learning curve, bawa
y computers can the wor
ker is paid S10/hour, bo
S
X
E
27
D
15. Answer the questions that follow based on the output below (note: times are in weeks).
Project Management (Triple Time Estimate)
R
C
F
learn
A
V
Task Description
F
Q
A
Probability that completion is less than
Probability that completion is greater than
NO
r
option
Oprimisto Likely Pessimis
1
3
5
2
2
Z
4
8
W
4
S
3
3
write
15a) What steps comprise the "critical path"?
15b) What is the minimum completion time in weeks?
X
Q
5
7
10
5
*
3
command
E
D
11
16
12
6
3
$
27
27
4
R
15c) What is the probability of completing the project in less than 27 weeks?
15d) If TASK C can be completed in half the time for a small fee, would it be worthwhile to pay for it?
Pied Pied Pied Pred Pred
1 2 3 45
16. After initial training, it takes an average 8 hours for a worker to assemble his 1" Whizbang computer by hand. Use
the Excel file on Learning Curves to answer the following:
A
A
BC
C
16a) With a 70% learning curve, how many hours should it take the worker to assemble the 3rd computer?
16b) How many computers can the worker expect to finish assembling in his first 40-hr work week?
16c) If the worker is paid $10/hour, how much in dollars will he have earned after assembling 50 computers?
F
0
%
5
tutor
CV
91.24%
8.76%
T
G
^
6
Y
&
7
H
Project Completion Time=
StdDev of Completion Time -
3.00
5.50
8.00
10.00
5.00
3.00
U
BN
BICKORTO Learn
Time Sed dey
067 0.00 3.00
1.50 3.00 8.50
2.00 3.00 11.00
067 11.00 21.00
033 11.00 16.00
0.00 21.00 24.00
study resources
.
8
J
MacBook Pro
12
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Early Early
Start Finish
M
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S
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Late Start
Late
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5.50 11.00 2.50
L
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3.00 11.00 0.00 YES C
11.00 21.00 0.00 YES D
19.00 24.00 8.00
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Chapter
Problem 2
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Ask a question
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