OPERATIONS MANAGEMENT W/ CNCT+
OPERATIONS MANAGEMENT W/ CNCT+
12th Edition
ISBN: 9781259574931
Author: Stevenson
Publisher: MCG CUSTOM
Question
Book Icon
Chapter 7.S, Problem 8P

a)

Summary Introduction

To determine: The duration needed to finish last unit.

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.

a)

Expert Solution
Check Mark

Answer to Problem 8P

The duration needed to finish last unit is 11.35 hours.

Explanation of Solution

Given information:

T5=14.5hoursTotalunits=25Learningcurve=90%

Formula:

Tn=T1×Unitfactor

Calculation of duration needed to finish last unit:

Time to complete last unit can be calculate by computing the time of completion of first unit and then computing the time to complete last unit.

Estimation of time to complete first unit:

At 90% learning curve, the unit factor for 1 unit is 0.783 (using learning curve coefficient table)

T5=T1×0.783600=T1×0.783T1=14.50.783=18.52hours

The time for completing the first unit is calculated by dividing 14.5 with the unit factors 0.783 which yields 18.52 hours.

Estimation of time to last unit:

At 90% learning curve, the unit factor for 25 units are 0.613 (using learning curve coefficient table)

T25=T1×Timefactor=18.52×0.613=11.35hours

The time for completing last unit (25th units) is calculated by multiplying 18.52 with the unit factors 0.613 which yields 11.35 hours.

Hence, the duration needed to finish last unit is 11.35 hours.

b)

Summary Introduction

To determine: The duration needed to finish tenth unit.

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.

b)

Expert Solution
Check Mark

Answer to Problem 8P

The duration needed to finish tenth unit is 13.06 hours.

Explanation of Solution

Given information:

T5=14.5hoursTotalunits=25Learningcurve=90%

Formula:

Tn=T1×Unitfactor

Estimation of duration needed to finish tenth unit:

At 90% learning curve, the unit factor for tenth unit is 0.705.

Tn=T1×Unitfactor=18.52×0.705=13.06hours

The time for completing tenth units is calculated by multiplying 18.52 with 0.705 which yields 13.06 hours.

Hence, the duration needed to finish tenth unit is 13.06 hours.

c)

Summary Introduction

To estimate: The average time per unit for 25 units.

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.

c)

Expert Solution
Check Mark

Answer to Problem 8P

The average time per unit for 25 units is 13.12 hours.

Explanation of Solution

Given information:

T5=14.5hoursTotalunits=25Learningcurve=90%

Formula:

Tn=T1×Unitfactor

Calculation of average time per unit for 25 units:

The average time per unit for 25 units is calculated by computing the duration for all 25 units and taking average for the durations.

Estimation of time to complete 25 units:

At 90% learning curve, the unit factor for 25 units is 17.713.

T125=T1×Timefactor=18.52×17.713=328.04hours

The duration for 25 units is calculated by multiplying 18.52 with 17.713 which yields 328.04 hours.

Estimation of average time of 25 units:

Averagetime=328.0425=13.12hours

The average time for 25 units is calculated by dividing 328.04 with 25 which gives 13.12 hours.

Hence, the average time per unit for 25 units is 13.12 hours.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
CASE STUDY 9-1 Was Robert Eaton a Good Performance Management Leader? R obert Eaton was CEO and chairman of Chrys- ler from 1993 to 1998, replacing Lee Iacocca, who retired after serving in this capacity since 1978. Eaton then served as cochairman of the newly merged DaimlerChrysler organization from 1998 to 2000. In fact, Eaton was responsible for the sale of Chrysler Corporation to Daimler-Benz, thereby creating DaimlerChrysler. With 362,100 employees, DaimlerChrysler had achieved revenues of €136.4 billion in 2003. DaimlerChrysler's passenger car brands included Maybach, Mercedes-Benz, Chrysler, Jeep, Dodge, and Smart. Commercial vehicle brands included Mercedes-Benz, Freightliner, Sterling, Western Star, and Setra. From the beginning of his tenure as CEO, Eaton communicated with the people under him. He immediately shared his plans for the future with his top four executives, and upon the advice of his colleague, Bob Lutz, decided to look around the company before making any hasty…
Critically assess Martin’s coaching style.
Compare Robert Eaton’s performance management leadership presented in the case against the performance management leadership principles, functions, and behaviors.  What recommendations can be made about what he might do more effectively?  Explain and defend your answer.

Chapter 7 Solutions

OPERATIONS MANAGEMENT W/ CNCT+

Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Text book image
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Text book image
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Text book image
Business in Action
Operations Management
ISBN:9780135198100
Author:BOVEE
Publisher:PEARSON CO
Text book image
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
Text book image
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.