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The service times for a new data entry clerk have been measured and sequentially recorded as shown below: Report Time(minutes) 1 66 2 60 3 57.5 4 55 5 53 6 52 7 51 8 50 9 49 10 48 a) What is the learning curve rate, based on this informaiton? 3% b) draw a learning curve graph based on the information given 2% c) Using the learning curve rate you calculated and the above times, estimate the length of time the clerk will take to complete the 192nd report. 4% (use 3 decimal places) Hint to question a: take the ratios of the units that have doubled such as report 8 is the double to report 4. After you exhaust all ratios, take the average as your learning curve rate. Hint to question c: 192 is how many times double to #3 Your base unit (#3)'s time is 57.5 minutes Report Time n How many times of 3 3 57.5 6 12 24 48 96 192 d). Draw a learning curve graph based on the answer from c. 2%

The service times for a new data entry clerk have been measured and sequentially recorded as shown below: Report Time(minutes) 1 66 2 60 3 57.5 4 55 5 53 6 52 7 51 8 50 9 49 10 48 a) What is the learning curve rate, based on this informaiton? 3% b) draw a learning curve graph based on the information given 2% c) Using the learning curve rate you calculated and the above times, estimate the length of time the clerk will take to complete the 192nd report. 4% (use 3 decimal places) Hint to question a: take the ratios of the units that have doubled such as report 8 is the double to report 4. After you exhaust all ratios, take the average as your learning curve rate. Hint to question c: 192 is how many times double to #3 Your base unit (#3)'s time is 57.5 minutes Report Time n How many times of 3 3 57.5 6 12 24 48 96 192 d). Draw a learning curve graph based on the answer from c. 2%

Practical Management Science
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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The service times for a new data entry clerk have been measured and sequentially recorded as shown below: Report Time(minutes) 1 66 2 60 3 57.5 4 55 5 53 6 52 7 51 8 50 9 49 10 48 a) What is the learning curve rate, based on this informaiton? 3% b) draw a learning curve graph based on the information given 2% c) Using the learning curve rate you calculated and the above times, estimate the length of time the clerk will take to complete the 192nd report. 4% (use 3 decimal places) Hint to question a: take the ratios of the units that have doubled such as report 8 is the double to report 4. After you exhaust all ratios, take the average as your learning curve rate. Hint to question c: 192 is how many times double to #3 Your base unit (#3)'s time is 57.5 minutes Report Time n How many times of 3 3 57.5 6 12 24 48 96 192 d). Draw a learning curve graph based on the answer from c. 2%
Transcribed Image Text:The service times for a new data entry clerk have been measured and sequentially recorded as shown below: Report Time(minutes) 1 66 2 60 3 57.5 4 55 5 53 6 52 7 51 8 50 9 49 10 48 a) What is the learning curve rate, based on this informaiton? 3% b) draw a learning curve graph based on the information given 2% c) Using the learning curve rate you calculated and the above times, estimate the length of time the clerk will take to complete the 192nd report. 4% (use 3 decimal places) Hint to question a: take the ratios of the units that have doubled such as report 8 is the double to report 4. After you exhaust all ratios, take the average as your learning curve rate. Hint to question c: 192 is how many times double to #3 Your base unit (#3)'s time is 57.5 minutes Report Time n How many times of 3 3 57.5 6 12 24 48 96 192 d). Draw a learning curve graph based on the answer from c. 2%
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