←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 Rate1797121099239992671929292a) Number of boats completed with 75% learning rate =Total Time70% Learning Rate1682419489219152415626248

Formulae used: Tn=T1× (nb) where, b=Log RLog 2 Tn=Time to complete nth unit T1=Time to complete…

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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Similar questions

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?
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
How do a company’s philanthropic or CSR efforts influence your purchasing behavior?
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%?
The time to asaemble the first unit on a production line is 19 hours. The learning rate is 0.85. Approximately how long will it take for the fifth unit to be assembled?
Week |1 2 LC% 30% 60% 3 70% 4 80% 5 6 90% 100% A new equipment was installed, and we estimate this learning curve percentages. The cost of labor per unit is $1.09. The Weekly capacity is 6302 units. Determine the labor learning cost for this equipment.
The product tesla takes 89.88 hours for production of 1 unit, where learning curve rate is 87% and what will be the total time taken by 16th unit of product tesla using incremental unit time method ?
1 unit of a toy production takes 1080 hours, and the learning curve rate is 76% than what is the time taken for 4 units of production through cumulative average time method ?

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