PRIN.OF OPERATIONS MANAGEMENT-MYOMLAB
PRIN.OF OPERATIONS MANAGEMENT-MYOMLAB
11th Edition
ISBN: 9780135226742
Author: HEIZER
Publisher: PEARSON
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Chapter 1, Problem 6P
Summary Introduction

To determine: Costs involved in production for Person GK.

Introduction: Productivity is a measure of the effectiveness of an individual, systems, machinery and other equipment that are used in converting inputs into outputs. In all organizations, productivity is an important determinant to know cost efficiency.

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Matthew Bailey, as manager of Designs by Bailey,is upgrading his CAD software. The high-performance (HP)software rents for $3,000 per month per workstation. Thestandard-performance (SP) software rents for $2,000 per monthper workstation. The productivity figures that he has availablesuggest that the HP software is faster for his kind of design.Therefore, with the HP software he will need five engineers and with the SP software he will need six. This translates into a vari-able cost of $200 per drawing for the HP system and $240 per drawing for the SP system. At his projected volume of 80 draw-ings per month, which system should he rent?
t K 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 10 transplants under great scrutiny and at no cost to the patients with the hospital picking the expenses. The cost per hour of surgery is estimated to be $5,000. The very first transplant, just completed, required 27 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: a) the 10th transplant 10.40 hours (round your response to two decimal places). Learning Curve Coefficients Unit Number (N) 10 b) The cost of 10th surgery to Beth Zion Hospital = $ 52000 (round your response to the nearest whole number). c) the first 10 transplants hours (round your response to two decimal places). Unit Time .385 75% Total Time 5.589 Unit Time .477 80% Total Time 6.315 Unit Time .583 85% Total Time 7.116 X
st K 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 10 transplants under great scrutiny and at no cost to the patients with the hospital picking the expenses. The cost per hour of surgery is estimated to be $5,000. The very first transplant, just completed, required 27 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 I will take to complete: a) the 10th transplant 10.40 hours (round your response to two decimal places). b) The cost of 10th surgery to Beth Zion Hospital = $ 52000 (round your response to the nearest whole number). c) the first 10 transplants 150.90 hours (round your response to two decimal places). d) The cost of all 10 surgeries to Beth Zion Hospital = $ Learning Curve Coefficients Unit Number (N) 10 Unit Time .385 75% Total Time 5.589 Unit Time .477…
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