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?
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- A contractor is preparing a bid to install swimming pools at a new housing addition. The estimated time to build the first pool is 38 hours. The contractor estimates an 80 percent learning rate. Using POM for Windows or OM Explorer, how long do you estimate the time required to install the sixth pool? The time required to install the sixth pool is enter your response herehours. (Enter your response rounded to two decimal places.) Part 2 What is your estimate of the total time for all six pools? The total time for all six pools is enter your response here hours. (Enter your response rounded to two decimal places.)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 hoursYou are asked to do a learning curve analysis as part of your internship project, but you discover that the data is pretty slim. Unfortunately you don't have time to do more field work and you have to come up with the best estimate based on the available data. Here's what you know: It took 98.71 minutes to complete the seventh unit and only 89.35 minutes to complete the twelfth unit. What is your best estimate of the Learning Rate for this process?
- Suppose a manufacturer of copiers has concluded that a 70 percent learning curve applies to the time a new service technician takes to install copy machines. Use the Learning Curve Excel template in MindTap to answer the following questions: a. If the time required to install the first copy machine is estimated to be three hours, what is an estimate of the time required by a new technician to install the third and fourth copiers? Round your answers to one decimal place. For x = 3 it takes hours For x = 4 it takes hours b. If the learning rate changes to 60 or 90 percent, what is an estimate of the time required by a new technician to install the third and fourth copiers? Round your answers to one decimal place. For x = 3 and a 60% LC, it takes For x = 4 and a 60% LC, it takes For x = 3 and a 90% LC, it takes For x = 4 and a 90% LC, it takes hours hours hours hoursNational Company is planning to introduce a new product with an 90 percent learning rate for production for batches of 1,000 units. The variable labor costs are P30 per unit for the first 1,000-unit batch. Each batch requires 100 hours. There are P10,000 in fixed costs not subject to learning. What is the total labor cost for the cumulative total time using the incremental unit-time learning curve to produce 2,000 units?Temple Trucking Co. just hired Ed Rosenthal to verify daily invoices and accounts payable. He took 7 hours and 42 minutes to complete his task on the first day. Prior employees in this job have tended to follow a 85% learning curve. The amount of time that Ed is going to take for the task at the end of: a) 2nd Day b) 4th Day 393 minutes minutes (round your response to the nearest whole number). (round your response to the nearest whole number).
- 1 2 3 4 5 6 7 8 Manceville Air has just produced the first unit of a large industrial compressor that incorporated new technology in the control circuits and a new internal venting system. The first unit took 112 hours of labor to manufacture. The company knows from past experience that this labor content will decrease significantly as more units are produced. In reviewing past production data, it appears that the company has experienced a 85% learning curve when producing similar designs. The company is interested in estimating the total time to complete the next 7 units. Your job as the production cost estimator is to prepare the estimate. Refer to Table E.3. Total manufacturing time for the: first 8 units Learning Curve Coefficients Unit Number (N) 8 Unit Time .512 80% Total Time 5.346 hours Unit Time .614 85% (round your response to the nearest whole number). Total Time 5.936 Unit Time .729 90% Total Time 6.574 - XTemple Trucking Co. just hired Ed Rosenthal to verify daily invoices and accounts payable. He took 7 hours and 42 minutes to complete his task on the first day. Prior employees in this job have tended to follow a 85% learning curve. The amount of time that Ed is going to take for the task at the end of: a) 2nd Day minutes (round your response to the nearest whole number).A company uses learning curves for initial labor estimates with replicated deliverables. For this particular type of project, they determine that a 90% learning curve applies (improvement rate of 10%). The initial (first) unit takes 624 thousand hours. Determine the time (estimate) required for unit 4 and then compute the resulting labor cost for that unit based on a labor rate of $30 per hour. Round your final cost answer to the nearest dollar (if applicable) and omit the $ symbol in your answer. Carry all intermediate calculations to at least 5 decimal places if performing calculations by hand and use the table provided in the file. (Caution: Watch your dimensions. Enter your answer in dollars, NOT thousands of dollars) Click to oper
- Beth Zion Hospital has received initial certification from the state of California to become a center for liver transplants. The hospital, however, must complete its first 18 transplants under great scrutiny and at no cost to the patients. The very first transplant, just completed, required 28 hours. On the basis of research at the hospital, Beth Zion estimates that it will have an 75% learning curve. Using Table E.3, estimate the time it will take to complete: Unit number 5 75% Unit time: .513 Total time: 3.459 80% Unit number 5 Unit time: .596 Total time: 3.738 85% Unit number 5 Unit time: .686 Total time: 4.031 Unit number 18 75% Unit time: .301 Total time: .8.245 Unit number 18 80% Unit time: 3.94 Total Time: 9.716 Unit number 18 85% Unit time: .508 Total time: 11.405 a) the 5th transplant = 14.36 hours b) the first 5 transplant = ? hours (round your response to two decimal places)For an 80% learning curve, if the 100th unit produced required 280 hours, how long will it take to produce the 400th unit? Show your calculations.Company Z is just starting to make a brand new product it has never made before. It has completed two units so far. The first unit took 29 hours to complete and the next unit took 22 hours. Based only on this information, what would be the estimate of the learning percentage in this process? (Round your answer to 1 decimal place.) Estimated learning percentage %