The time required for fourth machine for a learning rate of 95%. Introduction: Learning curve: Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time. Doubling effect: The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

Question

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Answer 1

Question

Chapter E, Problem 10P

a)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 95%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

b)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 87%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

c)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 72%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

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Question 6. An electrical engineering company is designing two types of solar panel systems: Standard Panels (S) and High-Efficiency Panels (H). The company has certain constraints regarding the hours of labor and material available for production each week. Each Standard Panel requires 4 hours of labor and 2 units of material and each High-Efficiency Panel requires 3 hours of labor and 5 units of material. The company has a maximum of 60 hours of labor and 40 units of material available per week. The profit from each Standard Panel is GH¢80, and the profit from each High-Efficiency Panel is GH¢100. The company wants to determine how many of each type of panel to produce in order to maximize profit. i) Solve this LPP by using graphical analysis ii) What will be the slack at the optimal solution point? Show calculation.

Answer 2

Question

Chapter E, Problem 10P

a)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 95%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

b)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 87%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

c)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 72%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

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Answer 3

Question

Chapter E, Problem 10P

a)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 95%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

b)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 87%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

c)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 72%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

Expert Solution & Answer

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Answer 4

Question

Chapter E, Problem 10P

a)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 95%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

b)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 87%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

c)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 72%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

Expert Solution & Answer

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Answer 5

Chapter E, Problem 10P

a)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 95%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

b)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 87%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

c)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 72%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

Answer 6

Chapter E, Problem 10P

a)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 95%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

Answer 7

Chapter E, Problem 10P

a)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 95%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

Answer 8

b)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 87%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

Answer 9

b)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 87%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

Answer 10

c)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 72%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

Answer 11

c)

Summary Introduction

To determine: The time required for fourth machine for a learning rate of 72%.

Introduction:

Learning curve:

Learning curve is based on the premise that when a person is repeating a task or job again and again, the performance of the person on that job or task will improve. It will depict relationship between cost and output over a definitive period of time.

Doubling effect:

The concept is that each time when an output is doubled, the time it took to develop the doubled unit will be x% of the time it took to produce the base unit. Here ’x’ is the learning curve rate.

Answer 12

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Answer 13

Expert Solution & Answer

Answer 14

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Answer 15

Ch. E - Prob. 1DQ Ch. E - Prob. 2DQ Ch. E - Prob. 3DQ Ch. E - Prob. 4DQ Ch. E - Prob. 5DQ Ch. E - Prob. 6DQ Ch. E - Prob. 7DQ Ch. E - Prob. 8DQ Ch. E - Prob. 1P Ch. E - Prob. 2P

Solution Summary: The author explains the learning curve, which depicts the relationship between cost and output over a definitive period of time.

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Chapter E Solutions