The first vending machine that William Kine, Inc., assembled took 72 labor-hours. Estimate how long the fourth machine will require for each of the following learning rates. Use Table E.3 for reference. a) 90% hours (round your response to two decimal places). b) 87% hours (round your response to two decimal places). c) 68% hours (round your response to two decimal places).
The first vending machine that William Kine, Inc., assembled took 72 labor-hours. Estimate how long the fourth machine will require for each of the following learning rates. Use Table E.3 for reference. a) 90% hours (round your response to two decimal places). b) 87% hours (round your response to two decimal places). c) 68% hours (round your response to two decimal places).
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Question
The first vending machine that William Kine, Inc., assembled took
72 labor-hours. Estimate how long the fourth machine will require for each of the following learning rates. Use Table E.3 for reference.
a)
90%
|
|
(round your response to two decimal places).
|
b)
87%
|
|
(round your response to two decimal places).
|
c)
68%
|
|
(round your response to two decimal places).
|

Transcribed Image Text:70%
75%
80%
85%
90%
Unit
Number
Unit Time
Total Time
Unit Time
Total Time
Unit Time
Total Time
Unit Time
Total Time
Unit Time
Total Time
(N)
Coefficient
Coefficient
Coefficient
Coefficient
Coefficient
Coefficient
Coefficient
Coefficient
Coefficient
Coefficient
1
1.000
1.000
1.000
1.000
1.000
1.000
1.000
1.000
1.000
1.000
.700
1.700
.750
1.750
.800
1.800
.850
1.850
.900
1.900
3
.568
2.268
.634
2.384
.702
2.502
.773
2.623
.846
2.746
4
.490
2.758
.562
2.946
.640
3.142
.723
3.345
.810
3.556
5
.437
3.195
.513
3.459
.596
3.738
.686
4.031
.783
4.339
.398
3.593
.475
3.934
.562
4.299
.657
4.688
.762
5.101
7
.367
3.960
.446
4.380
.534
4.834
.634
5.322
.744
5.845
8.
.343
4.303
.422
4.802
.512
5.346
.614
5.936
.729
6.574
.323
4.626
.402
5.204
.483
5.839
.597
6.533
.716
7.290
10
.306
4.932
.385
5.589
.477
6.315
.583
7.116
.705
7.994
11
.291
5.223
.370
5.958
.462
6.777
.570
7.686
.695
8.689
12
.278
5.501
.357
6.315
.449
7.227
.558
8.244
.685
9.374
13
.267
5.769
.345
6.660
.438
7.665
.548
8.792
.677
10.052
14
.257
6.026
.334
6.994
.428
8.092
.539
9.331
.670
10.721
15
.248
6.274
.325
7.319
.418
8.511
.530
9.861
.663
11.384
16
.240
6.514
.316
7.635
.410
8.920
.522
10.383
.656
12.040
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