If Professor Laurie Macdonald takes 18 minutes to grade the first exam and follows an 75% learning curve then, using table Table E.3, the amount of time she requires to grade: a) the 25th exam (round your response to two decimal places). b) the first 10 exams minutes 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 Print Unit Time 477 .355 80% Total Time 6.315 12.309 Done Unit Time .583 .470 85% Total Time 7.116 14.801 X

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...
icon
Related questions
Question
100%

Hi, I need help solving this OM problem. Thank you!

Table E.3 is shown in the blue box onscreen.

If Professor Laurie Macdonald takes 18 minutes to grade the first exam and follows an 75% learning curve then, using table Table E.3, the amount of time she requires to grade:
a) the 25th exam
(round your response to two decimal places).
b) the first 10 exams
minutes
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
Print
Unit
Time
477
.355
80%
Total
Time
6.315
12.309
Done
Unit
Time
.583
470
85%
Total
Time
7.116
14.801
X
Transcribed Image Text:If Professor Laurie Macdonald takes 18 minutes to grade the first exam and follows an 75% learning curve then, using table Table E.3, the amount of time she requires to grade: a) the 25th exam (round your response to two decimal places). b) the first 10 exams minutes 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 Print Unit Time 477 .355 80% Total Time 6.315 12.309 Done Unit Time .583 470 85% Total Time 7.116 14.801 X
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 2 images

Blurred answer
Similar questions
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.