a)
To determine: The time required for the fourth and eighth installation for a learning rate of 92%.
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)
To determine: The time required for the fourth and eighth installation for a learning rate of 84%.
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)
To determine: The time required for the fourth and eighth installation for a learning rate of 77%.
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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Operations Management
- A contractor is preparing a bid to install swimming pools at a new housing addition. The estimated time to build the first pool is 4141 hours. The contractor estimates aa 6060 percent learning rate. Part 2 a. How long do you estimate the time required to install the second pool? 24.60 hours. (Enter your response rounded to two decimal places.) Part 3 b. How long do you estimate the time required to install the fourth pool? enter your response here hours. (Enter your response rounded to two decimal places.)arrow_forwardOnly typed explanation otherwise leave it United Research Associates (URA) had received a contract to produce two units of a new cruise missile guidance control. The first unit took 5,000 hours to complete and cost $30,000 in materials and equipment usage. The second took 3,750 hours and cost $19,500 in materials and equipment usage. Labor cost is charged at $25 per hour. The company expects “learning” to occur relative to labor and also the pricing of parts from suppliers. The prime contractor has now approached URA and asked to submit a bid for the cost of producing another 20 guidance controls. a. What will the last unit cost to build? (Round your answer to the nearest dollar amount.) b. What will be the average time for the 20 missile guidance controls? (Round your answer to the nearest whole number.) c. What will the average cost be for guidance control for the 20 in the contract? (Round your answer to the nearest dollar amount.)arrow_forwardBerringer Designs hired a graphic artist. It is estimated that the artist's learning rate is at 70% and her first quarter's output amounted to 300 relatively equal job outputs, which took her a total of 50 hours to complete. Output is expected to double in every succeeding quarter. By the 5th quarter, based on learning curve estimates, what should the artist's average time (in hours) be for the units of output? Multiple Choice 17.15 hours 3.5 hours 12.005 hours 6.9 hours None of the answers is correctarrow_forward
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- Sara Bredbenner and Blake DeYoung are teammates at a discount store; their new job is assembling swing sets for customers. Assembly of a swing set has a learning rate of 90%. They forgot to time their effort on the first swing set, but spent 4 hours on the second set. They have 6 more sets to do. Determine approximately how much time will be (was) required for: a) the 1st unit.arrow_forwardHOW ARE LEARNING CURVES MODELED?arrow_forwardA contractor is preparing a bid to install swimming pools at a new housing addition. The estimated time to build the first pool is 41 hours. The contractor estimates a 90 percent learning rate. Part 2 a. How long do you estimate the time required to install the second pool? enter your response here hours. (Enter your response rounded to two decimal places.)arrow_forward
- Please do not give solution in image formate thanku.arrow_forwardthe 74th unit takes 15.7 hours to be produced and the learning rate is 82% , find time taken for 222th unit using incremental method ?arrow_forwardnote: answer all items .. 10. The preliminary work sample of an operation indicates the following; what is the required samplesize for a three (3) sigma with 4% accuracy. No. of times operator working 60No. of times operator idle 40 11. PJ Sumeguin, Inc. produces telephone system with built in TV screens. Its learning rate is 80%.a. If the first one took 56hrs, how long will it take the company to complete the 11th unit?b. How long will the 1st 11 systems take in total?c. If you are the purchasing agent, you are expected to buy units 12 through 15 of the newphone systems. What would be your expected cost for the units if company charges $30for each labor hour? 12. Margarette Tire shop simulated the following data below. How much is his expected dailydemand? Demand for Tires Frequency0 101 202 403 604 405 30arrow_forward
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