Answered: Girish Shambu and Delores Reisel are… | bartleby

Practical Management Science

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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Girish Shambu and Delores Reisel are teammates at a discount store, their new job is
assembling bicycles for customers. Assembly of a bike has a learning rate of 80%. They
forgot to time their effort on the first bike, but spent 5 hours on the second. They have 6
more bikes to do. Determine approximately how much time will be (was) required for:
a) The 1st unit
6.25 hours (round your response to two decimal places)
b) The 8th unit = hours (round your response to two decimal places).
-

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If it took 430 hours to produce the first unit of a product, and the learning curve is 90%, how long will it take to produce units 12 through 20? (Do not round intermediate calculations. Round final answer to the nearest integer.) OA. 3,870 OB. 2,545 OC. 3,483 OD. 2,251 OE. 6,281
Name or state three elements that can unsettle or disrupt the learning curve ?
You have been asked to estimate the selling price per unit of a new production line of a certain product. Pertinent data are as follows: Direct labor rate Production material Factory overhead Packing costs Desired profit RO 15.00 per hour RO 375 per 100 items 125% of direct labor 25% of direct cost 30% of total manufacturing cost Past experience has shown that 83% learning curve applies to the labor required for production these items. The time to complete the first item has been estimated to be 1.86 hours. Use the estimated time to complete the 50h item as your standard time for the purpose of estimating the unit selling price.
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Semana 1 2 4 80% 5 90% 6 100% LC % 60% A new equipment was installed with this learning curve. The material cost is $2.50 per unit. At this moment, the actual waste % is 5% for this process. The equipment capacity is 23401 unites per week. Determine the learning curve cost for the material. 30% 3 70%
Introduction of Performance Measurements and Trends The recent trend in performance measurement is that companies are aligning human resources initiatives with the overall goals of the organization to improve business success (GIVE EXAMPLE) Performance measurement is a process by which an organization monitors important aspects of its programs, systems, and processes. In practices, an organization sets goals, looks at the actual data for its performance measures, and acts on results to improve the performance towards its goals (IMPORTANCE OF PERFORMANCE MEASUREMENT)
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True or False: When delegating to another employee, one must not simply assign a task. He or she must also provide the person assigned the task with tools, context, expectations and empowerment to get the job done. Select one: True False
K If Professor Laurie Macdonald takes 12 minutes to grade the first exam and follows an 80% learning curve then, using table Table E.3, the amount of time she requires to grade: a) the 25th exam minutes (round your response to two decimal places). Learning Curve Coefficients Unit Number (N) 10 25 Unit Time .385 .263 75% Total Time 5.589 10.191 Unit Time .477 .355 80% Total Time 6.315 12.309 Unit Time .583 .470 85% Total Time 7.116 14.801 X
A new training program at Arid Industries is intended to lower the learning-curve coefficient of a certain molding operation that currently costs $95.50/hour. The current coefficient is .87, and the program hopes to lower the coefficient by 10%. Assume that the time to mold the first product is 8 hours. If the program is successful, what cost savings will be realized when the 2000th piece is produced?
Berringer Designs hired a graphic artist. It is estimated that the artist's learning rate is at 70% and her first quarter's output amounted to 300 relatively equal job outputs, which took her a total of 50 hours to complete. Output is expected to double in every succeeding quarter. By the 5th quarter, based on learning curve estimates, what should the artist's average time (in hours) be for the units of output? Multiple Choice 17.15 hours 3.5 hours 12.005 hours 6.9 hours None of the answers is correct

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