Loose-leaf for Operations Management (The Mcgraw-hill Series in Operations and Decision Sciences)
Loose-leaf for Operations Management (The Mcgraw-hill Series in Operations and Decision Sciences)
12th Edition
ISBN: 9781259580093
Author: William J Stevenson
Publisher: McGraw-Hill Education
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Chapter 7.S, Problem 12P
Summary Introduction

To estimate: The total Time to complete remaining jobs (2, 3, 4 and 5).

Introduction: Learning curve is referred as the cost curve, experience curve, efficiency curve or productivity curve. The leaving curve gives information about the cost, efficiency, productivity and performance of an organization.

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A manager wants to estimate the remaining time that will be needed to complete a five-unit job. The initial unit of the job required 12 hours, and the work has a learning percentage of 77. Estimate the total time remaining to complete the job.
The first unit of a job took 40 hours to complete. The work has a learning percentage of 88. The manager wants time estimates for units 2, 3, 4, and 5. Develop those time estimates.
A manager wants to estimate the remaining time that will be needed to complete a five-unit job. The initial unit of the job required 18 hours, and the work has a learning percentage of 83. Estimate the total time remaining to complete the job. (Round your intermediate calculations to 4 decimal places. Round your "Estimated time" and final answer to 2 decimal places.) Total time remaining hours

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Loose-leaf for Operations Management (The Mcgraw-hill Series in Operations and Decision Sciences)

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