MyLab Operations Management with Pearson eText -- Access Card -- for Operations Management: Processes and Supply Chains
11th Edition
ISBN: 9780133885583
Author: Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 3, Problem 2DQ
Summary Introduction
To determine: Consequences of new product in the market.
Introduction
In 2012-13 PGC postponed the launch of its first car. This would have caused a loss of the image of the company. However, since it was its first attempt into a new market. It would not matter so much.At the most it would have cost a bit doubt on the company’s ability to deliver a car.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Suad Alwan, the purchasing agent for Dubai Airlines, has determined that the
second
plane took
18,000
hours to produce. Using an
85%
learning curve and a
$35-per-hour
labor charge, he wants to determine the cost of the
six
additional planes.
Part 2
Time required for the
sixth
unit =
13900
hours (round your response to the nearest whole number).
Part 3
Cost of the
sixth
unit =
486500
dollars (round your response to the nearest whole number).
Part 4
Time required for the
seventh
unit =
enter your response here
hours (round your response to the nearest whole number). Part 5. Cost of the seventh unit?
You are setting up a new production line for a new type of delivery drones. You observed that the cost for the 10th unit was $6296.33 and the cost for the 80th unit was $4146.15.
a) What is the K for the learning curve model of this production line?
b) What is the s for the learning curve model of this production line?
c) At which unit does its production cost start to be less than $1500?
National 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?
Chapter 3 Solutions
MyLab Operations Management with Pearson eText -- Access Card -- for Operations Management: Processes and Supply Chains
Ch. 3 - Should a very pricey handcrafted object of beauty...Ch. 3 - Prob. 2DQCh. 3 - Prob. 3DQCh. 3 - Prob. 1PCh. 3 - Prob. 2PCh. 3 - Prob. 3PCh. 3 - Prob. 4PCh. 3 - Prob. 5PCh. 3 - Prob. 6PCh. 3 - Prob. 7P
Ch. 3 - Prob. 8PCh. 3 - Prob. 9PCh. 3 - Prob. 10PCh. 3 - Prob. 11PCh. 3 - Prob. 12PCh. 3 - Prob. 13PCh. 3 - Prob. 14PCh. 3 - Prob. 15PCh. 3 - Prob. 16PCh. 3 - Prob. 17PCh. 3 - Prob. 18PCh. 3 - Prob. 19PCh. 3 - Prob. 20PCh. 3 - Prob. 21PCh. 3 - Prob. 22PCh. 3 - Prob. 23PCh. 3 - Prob. 24PCh. 3 - Prob. 26PCh. 3 - Prob. 27PCh. 3 - Prob. 28PCh. 3 - Prob. 29PCh. 3 - Prob. 31PCh. 3 - Prob. 1AMECh. 3 - Prob. 2AMECh. 3 - Prob. 3AMECh. 3 - Prob. 4AMECh. 3 - Prob. 5AMECh. 3 - Prob. 1VCCh. 3 - Prob. 2VCCh. 3 - Prob. 3VC
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- 9. Manufacturer Ċ went through serious process changes in order to eliminate unnecessary processes from the work flow. However they have to bare the slow down in the process for a while due to this transition. They want to estimate when they can reach to the expected performance level based on a 'learning curve' study. For a certain task they have measured a completion time of 137 minutes in the first time an average employee finished the renewed task. Please provide the values in the below table for three different learning rates and two different repetition units. 2nd 4th 13th 27th Learning Rate 70% 80% 60%arrow_forwardNational Company is planning to introduce a new product with an 85 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 cumulative average time per batch using the incremental unit-time learning curve for 2,000 units?arrow_forwardLearning Curves The Air Force Museum Foundation has commissioned the purchase of 16 FourF Sixes, pre–World War II aircraft. They will be built completely from scratch to the exact specifications used for the originals. As further authentication, the aircraft will be made using the technologyand manufacturing processes available when the originals were built. Each of the 16 airplanes will beflown to Air Force and aviation museums throughout the country for exhibition. Aviation enthusiastscan also visit the production facility to see exactly how such aircraft were built in 1938.Soren Industries wants to bid on the aircraft contract and asked for and received certain costinformation about the Four F Sixes from the Air Force. The information includes some of the oldcost data from the builders of the original aircraft. The available information is for the total accumulated time as the 1st, 8th, and 32nd aircraft, respectively, were completed. The data reflect a learningrate of 90%.[LO…arrow_forward
- Susan Sherer, an IRS auditor, took 48 minutes to process her first tax return. The IRS uses an 82% learning curve. The amount of processing time that Susan is going to require for the 2nd return __ minutes 4th return __ minutes and 8th return __ minutesarrow_forwardThe 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 S using incremental unit time method ?arrow_forwardHi, I need help solving this OM problem. Thank you!arrow_forward
- A learning objective is a big picture training strategy. True or Falsearrow_forwardThe product superx takes 9949 hours for production of 250 unit, where learning curve rate is 99.7% and what will be the total time taken by 2000 units of product superx using cumulative method ?arrow_forwardMBO is an effective control mechanism because standards are established to measure performance variances are established to measure performance budgets are established to measure performancearrow_forward
- Suppose that the Mendenhall Corporation, a producer of women’s handbags, has determined that a 73 percent experience curve accurately describes the evolution of its production costs for a new line. If the first unit costs $100 to produce, what should the 10,000th unit cost based on the experience curve?arrow_forwardOn RainTite Window’s manual assembly line, a newemployee can usually assemble their first window unit in30 minutes. Management assumes a 90 percent learning rate.a. How long should a new employee take to assemble theirsecond window if management is correct in their assumption? How long should the 16th window take?b. On RainTite’s semi-automated line, a new employeetakes 45 minutes to assemble their first window; however,the learning rate is 75 percent. At how many windowsproduced will the semi-automated line’s employee takeless time to produce a window than an employee on themanual line?arrow_forwardA learning curve of 80% assumes that direct labor costs are reduced by 25% for each doubling of output. What is the cost of the sixteenth unit produced?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,
Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage Learning
Production and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
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...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.