Homework Help is Here – Start Your Trial Now!
Business
Operations Management
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?

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?

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...
See similar textbooks
icon
Related questions
Question
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?
Transcribed Image Text: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?
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.
SEE MORE TEXTBOOKS