Kelly-Lambing, Inc., a builder of government contracted small ships, has a steady work force of 10 very skilledcraftspeople. These workers can supply 2,440 labor-hours each per year. Kelly-Lambing is about to undertake a newcontract, building a new style of boat. The first boat is expected to take 6,100 hours to complete. The firm thinks that75% is the expected learning rate. What is the firm's "capacity" to make these boats-that is, how many units can thefirm make in 1 year? If the operations manager can increase the learning rate to 70% instead of 75%, how many unitscan the firm make? (Round all numerical responses in this exercise to the nearest whole number.)Total time available = 24400 hours.Number of Boats45678Total Time75% Learning Rate17971210992399926719

Given, First unit takes 6100 hours Learning rate = 75% Learning coefficient b = Log(0.75)/Log(2) =…

Answered: Kelly-Lambing, Inc., a builder of…

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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A civil engineering firm designs bridges to span great distances. Years ago, the firm's first design took approximately 1,000 hours to develop. It has subsequently been able to reduce the time, quite dramatically, and believes it is operating on a 70 percent learning curve. Its next bridge design is to span the peaks of Mount Kilimanjaro and will be the 331st bridge it will have designed. How long will it take to design this unique bridge?
Solve by Algebra method Wright's method
29 ABC Hospital completed its first transplant, and the procedure took 50 hours. The hospital has five more transplants scheduled. Based on other similar procedures carried out, the hospital estimates that it has an 85% learning rate. Estimate the time it will take to complete the third transplant. a 34.5 hours b 36 hours c 38.67 hours d 40 hours
Lucid Inc. has developed a cutting-edge medical device. It took the company 500 hours to build the first device. The company uses an 87% learning rate for this task. How long should it take the company to build the 24th device? the 76th device? the 128th device?
solve the question within 30 mins.
Your work for Double 9 Enterprises involves the manufacture of new magnesium parts for a particulate capture system. No matter the changes you make, your learning curve is standard at 89% because you do a good job at employee retention and most have been with the company for many years. You typically reach steady state by the 37th unit within the first 120 hours of the production run. Your new process has an estimated 96% learning curve, but it is producing at a much faster rate than expected. With steady state being reached now for the 29th unit in 99 hours, what is your estimated time for the 1st unit in this run in hours?
Please do not give solution in image formate thanku.
Suppose a manufacturer of copiers has concluded that a 70 percent learning curve applies to the time a beginning service technician takes to install copy machines. Use the Learning Curve Excel template to answer the following questions: If the time required to install the first copy machine is estimated to be five hours, what is an estimate of the time required by a new technician to install the second and third copiers? Round your answers to one decimal place. For x = 2 it takes hours For x = 3 it takes hours If the learning rate changes to 65 or 95 percent, what is an estimate of the time required by a new technician to install the second and third copiers? Round your answers to one decimal place. For x = 2 and a 65% LC, it takes hours For x = 3 and a 65% LC, it takes hours For x = 2 and a 95% LC, it takes hours For x = 3 and a 95% LC, it takes hours
A new product made from recycled bio-plastics needs 20 labor hours to complete the build for the first unit. If production operates at a 85% learning curve rate, calculate the average labor hours required per unit to produce five units.
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
When the rate of output and the total average direct labour have doubled per time What is the appropriate learning rate? Requirements decreased by 5%?

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