Kelly-Lambing, Inc., a builder of government contracted small ships, has a steady work force of 10 very skilled craftspeople. These workers can supply 2,440 labor-hours each per year. Kelly-Lambing is about to undertake a new contract, building a new style of boat. The first boat is expected to take 6,000 hours to complete. The firm thinks that 80% is the expected learning rate. What is the firm's "capacity" to make these boats-that is, how many units can the firm make in 1 year? If the operations manager can increase the learning rate to 75% instead of 80%, how many units can the firm make? (Round all numerical responses in this exercise to the nearest whole number.) Total time available = hours. Number of Boats 4 5 6 7 8 Total Time 80% Learning Rate a) Number of boats completed with 80% learning rate = Total Time 75% Learning Rate b) Number of boats completed with 75% learning rate=

Kelly-Lambing, Inc., a builder of government contracted small ships, has a steady work force of 10 very skilled craftspeople. These workers can supply 2,440 labor-hours each per year. Kelly-Lambing is about to undertake a new contract, building a new style of boat. The first boat is expected to take 6,000 hours to complete. The firm thinks that 80% is the expected learning rate. What is the firm's "capacity" to make these boats-that is, how many units can the firm make in 1 year? If the operations manager can increase the learning rate to 75% instead of 80%, how many units can the firm make? (Round all numerical responses in this exercise to the nearest whole number.) Total time available = hours. Number of Boats 4 5 6 7 8 Total Time 80% Learning Rate a) Number of boats completed with 80% learning rate = Total Time 75% Learning Rate b) Number of boats completed with 75% learning rate=

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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Kelly-Lambing, Inc., a builder of government contracted small ships, has a steady work force of 10 very skilled craftspeople. These workers can supply 2,440 labor-hours each per year. Kelly-Lambing is about
to undertake a new contract, building a new style of boat. The first boat is expected to take 6,000 hours to complete. The firm thinks that 80% is the expected learning rate. What is the firm's "capacity" to make
these boats-that is, how many units can the firm make in 1 year? If the operations manager can increase the learning rate to 75% instead of 80%, how many units can the firm make? (Round all numerical
responses in this exercise to the nearest whole number.)
Total time available =
hours.
Number of Boats
4
5
6
7
8
Total Time
80% Learning Rate
a) Number of boats completed with 80% learning rate =
CD
Total Time
75% Learning Rate
b) Number of boats completed with 75% learning rate =

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← Kelly-Lambing, Inc., a builder of government contracted small ships, has a steady work force of 10 very skilled craftspeople. These workers can supply 2,440 labor-hours each per year. Kelly-Lambing is about to undertake a new contract, building a new style of boat. The first boat is expected to take 6,100 hours to complete. The firm thinks that 75% is the expected learning rate. What is the firm's "capacity" to make these boats-that is, how many units can the firm make in 1 year? If the operations manager can increase the learning rate to 70% instead of 75%, how many units can the firm make? (Round all numerical responses in this exercise to the nearest whole number.) Total time available = 24400 hours. Number of Boats 4 5 6 7 8 Total Time 75% Learning Rate 17971 21099 23999 26719 29292 a) Number of boats completed with 75% learning rate = Total Time 70% Learning Rate 16824 19489 21915 24156 26248
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