Week13456LC%30%70%80%90%100%A new equipment was installed, and we estimate this learning curve percentages. The cost of labor per unit is $1. The Weekly capacity is 6847units. Determine the labor learning cost for this equipment.260%

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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 product adx takes 77 hours for production of 1 unit, where learning curve rate is 57% and what will be the total time taken by 2th unit of product adx using incremental unit time method ?
You have been asked to estimate the selling price per unit of a new production line of a certain product. Pertinent data are as follows: Direct labor rate Production material Factory overhead Packing costs Desired profit RO 15.00 per hour RO 375 per 100 items 125% of direct labor 25% of direct cost 30% of total manufacturing cost Past experience has shown that 83% learning curve applies to the labor required for production these items. The time to complete the first item has been estimated to be 1.86 hours. Use the estimated time to complete the 50h item as your standard time for the purpose of estimating the unit selling price.
Solve by Algebra method Wright's method
The product TRX takes 9.99 hours for production of 1 unit, where learning curve rate is 77% and what will be the total time taken by 8th unit of product TRX using incremental unit time method ?
Semana 1 2 4 80% 5 90% 6 100% LC % 60% A new equipment was installed with this learning curve. The material cost is $2.50 per unit. At this moment, the actual waste % is 5% for this process. The equipment capacity is 23401 unites per week. Determine the learning curve cost for the material. 30% 3 70%
The personnel manager of Powerwest Inc. want to estimate the direct and cumulative average direct labor hours for producing 30 locomotive train units during then next year. He estimates from past experience that the learning rate is 90 percent. The production department estimate that manufacturing the first unit will take 30,000 hours. Each employee average 200 hours per month. The production rate forecast is as follows: Month Production Rate (units) Month Production Rate (units) January 2 July 2 February 3 August 4 March 2 September 3 April 4 October 3 May 3 November 1 June 2 December 1 How many direct hours are required to produce the 30th unit? How many total hours are needed to produce all 30 units? What is the maximum number of employees required next year? If the learning rate were to change to 0.85, what would be the impact on the total hours and the number of employees needed to product 30 units?
A firm has recently added a new product to their offerings. Manufacturing reports that production is going smoothly and factory workers are becoming familiar with the manufacture of this product. All expectations are that the current rate of learning will continue and the manufacture of future units will be more efficient (i.e. take less time). The following table shows the results for the first two units produced. Unit Produced Time to manufacture (hours) 1 600 2 510 The firm has an order for two additional units. Assuming the pattern of learning curve continues (same rate): a. At…
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
Given the following information from an assembly task: First cycle time: 35 seconds Learning rate of 90% a. Determine the predicted performance time of the 200th b. Determine the number of cycles it will take to reach the standard time of 14 seconds
Review the sample tasks and task ratings for the electronic technician's job as shown in the following table. What tasks do you believe should be emphasized in the training program? Why? Task Importance Frequency Learning Difficulty Replaces components 1 2 1 Repairs equipment 2 5 5 Interprets instrument readings 1 4 5 Uses small tools 2 5 1
FunTime Cruiseline offers nightly dinner cruises departing from several cities on the east- ern coast of the United States including Charleston, Baltimore, and Alexandria. Dinner cruise tickets sell for $50 per passenger. FunTime Cruiseline's variable cost of providing the dinner is $30 per passenger, and the fixed cost of operating the vessels (depreciation, salaries, docking fees, and other expenses) is $210,000 per month. The company's rel- evant range extends to 20,000 monthly passengers.
K If Professor Laurie Macdonald takes 12 minutes to grade the first exam and follows an 80% learning curve then, using table Table E.3, the amount of time she requires to grade: a) the 25th exam minutes (round your response to two decimal places). Learning Curve Coefficients Unit Number (N) 10 25 Unit Time .385 .263 75% Total Time 5.589 10.191 Unit Time .477 .355 80% Total Time 6.315 12.309 Unit Time .583 .470 85% Total Time 7.116 14.801 X

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Week 1 LC% 2 3 4 5 6 30% 60% 70% 80% 90% 100% A new equipment was installed, and we estimate this learning curve percentages. The cost of labor per unit is $1. The Weekly capacity is 6847 units. Determine the labor learning cost for this equipment.