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 13P
Summary Introduction

To provide: Justification for learning percentage of 82 possessed by person K.

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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Cumulative Average-Time Learning CurvePohlman Company makes aircraft engines. Pohlman has noticed that, in general, each new engine design is subject to an 80 percent learning rate. Assume that the first unit produced takes500 hours, and direct labor is paid an average of $30 per hour. Required:1. Set up a table with columns showing: the cumulative number of units, cumulative average time per unit in hours, and cumulative total time in hours. Show results by row for total pro-duction of: one engine, two engines, four engines, eight engines, sixteen engines, and thirty-two engines. (Round hour answers to two significant digits.) 2. What is the total labor cost if Pohlman manufactures the following number of engines: one,four, or sixteen? What is the average cost per engine for the following number of engines:one, four, or sixteen? (Round your answers to the nearest dollar.)3. What if Pohlman is preparing a bid to build 16 engines? Calculate budgeted labor cost for anengine design which…
Kara is supposed to have a learning percentage of 82. Times for the first four units were 30.5, 28.4,27.2, and 27.0 minutes. Does a learning percentage of 82 seem reasonable? Justify your answerusing appropriate calculations.
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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