Concept explainers
a)
To determine: The total time in batches of 12 and 20.
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.
b)
To determine: The conclusion on learning curve and quote.
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.
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Operations Management: Sustainability and Supply Chain Management (12th Edition)
- Please answer the parts in the case of the operational manager in the Human Resource department as how would having an insurance policy benefits your department/ employees you should answer on the prospective of your department.Insurance Ltd. accepts payments on various insurance policies from employees of businesses across the island. These businesses deduct payments from employees’ salaries and pay the insurance company a lump sum each month. This total amount deducted is shown on each employee’s payslip. Deductions are due at the end of each month and each participating business submits one payment for its employees to the insurance company via online payments through the bank. However, if payments were received after 11:00 a.m., the bank does not process them until the next business day. At the beginning of each month an administrative assistant at MGMT Insurance Ltd. downloads the deductions for each company and allocates payments to the various policies. These payments…arrow_forwardYou have just graduated from the medical technology program and have been hired by a hospital-based laboratory. This is a hospital that you have not trained in and is completely new. You have been hired for the evening shift 4- 12. In detail, explain how you would approach the first 3 months of your employment. The first three months of any new employment is probationary.arrow_forwardYou have just graduated from the medical technology program and have been hired by a hospital-based laboratory. This is a hospital that you have not trained in and is completely new. You have been hired for the evening shift 4- 12. In detail, explain how you would approach the first 3 months of your employment. Remember the first three months of any new employment is probationary.arrow_forward
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- You are trying to forecast the future production cost in your department. You observed that in the last seven months your costs were as follows: Month 1 2 3 4 5 6 7 Cost $1000 900 846 810 783 762 744 Moreover, you discovered that your department has a learning curve of 90% with regard to cutting cost, and improving productivity. (a) Forecast the cost in the 8th month. (b) The planning department has announced that the forecasted cumulative cost of the next planning horizon starting from month 8 will be $4207. What is the length of the next planning horizon? (c) If the forecasting error variance of the last 7 months is 17.5, can you estimate the MAD of the last 7 months? If so, what is its value?arrow_forwardLearning Curves The Air Force Museum Foundation has commissioned the purchase of 16 FourF Sixes, pre–World War II aircraft. They will be built completely from scratch to the exact specifications used for the originals. As further authentication, the aircraft will be made using the technologyand manufacturing processes available when the originals were built. Each of the 16 airplanes will beflown to Air Force and aviation museums throughout the country for exhibition. Aviation enthusiastscan also visit the production facility to see exactly how such aircraft were built in 1938.Soren Industries wants to bid on the aircraft contract and asked for and received certain costinformation about the Four F Sixes from the Air Force. The information includes some of the oldcost data from the builders of the original aircraft. The available information is for the total accumulated time as the 1st, 8th, and 32nd aircraft, respectively, were completed. The data reflect a learningrate of 90%.[LO…arrow_forwardWhen you work for a business that pays on an hourly basis, you are usually required to keep a time card. The time card shows the time you reported for work and the time you departed each day. Total Hours = Sum of Daily Hours Compute the hours worked for each day on the time cards. Round each half of the day to the nearest quarter hour What are the total hours for the week? What is the total pay for the week? 1. DATE TEMPORARY EMPLOYEE TIME CARD NAME. Amanda Tacket OUT IN OUT HOURS 9/137.00 11:00 11.30 4.45 9/14 8.10 11 35 12.30 4.35 9/15 8:10 12.00 12:40 4.10 9/16 8.20 11.50 12 50 450 9/17 7:06 11:09 1150 3:30 EMPLOYEE SIGNATURE RATE per hour $8.50 TOTAL HOURS: DEPT. Accounting Note. No overtime rate. INarrow_forward
- Critically examine the potential negative impacts of poor time management on your academic life. NB: This question must be detailed to meet online examination standard.arrow_forwardOne of the engineers at Clearwater Electronics is a devout Muslim and is required to attend prayer services at his mosque during the day on Friday for a short period. He has asked his direct supervisor in the past if he might take time off, but his supervisor said it would be too inconvenient. The engineer has now asked HR for help in determining if a reasonable accommodation could be made so he can attend the midday prayer service. Which of the following statements would be considered the best “reasonable accommodation” HR can present to the supervisor? The company could allow the engineer to take his lunch break to attend the prayer service. If he is late returning, he can make up the time at the end of the day. The company could remodel a storage area as a prayer space, which would require at least six thousand dollars for the remodel because of the need for washroom facilities. The company could ask another employee to cover for the time the engineer is gone and…arrow_forwardIn a 50 bedded hospital a housekeeping team member’s task is to change linens every day across all the beds. This task is routine. She goes to the storage area for fresh linens on her floor and finds none. She goes to another floor, and perhaps another, and ultimately finds them, then returns to the task she was trying to accomplish in the first place. At the end of the shift, however, others would bet that this Team Member would not able to get everything done. Or she had to hurry to complete changeover across all the beds. Perhaps, the work left undone would invariably pass to someone else and would disrupt their work.How do you relate this case to types of waste in lean management or Kaizen? (Explain in 300 words)arrow_forward
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