a)
To determine: The number of boats, the firm can make in 1 year.
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 number of boats, the firm can make in 1 year.
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)
- K Kelly-Lambing, Inc., a builder of government contracted small ships, has a steady work force of 10 very skilled craftspeople. These workers can supply 2,440 labor-hours each per year. Kelly-Lambing is about to undertake a new contract, building a new style of boat. The first boat is expected to take 6,100 hours to complete. The firm thinks that 75% is the expected learning rate. What is the firm's "capacity" to make these boats-that is, how many units can the firm make in 1 year? If the operations manager can increase the learning rate to 70% instead of 75%, how many units can the firm make? (Round all numerical responses in this exercise to the nearest whole number.) Total time available = hours.arrow_forward← Kelly-Lambing, Inc., a builder of government contracted small ships, has a steady work force of 10 very skilled craftspeople. These workers can supply 2,440 labor-hours each per year. Kelly-Lambing is about to undertake a new contract, building a new style of boat. The first boat is expected to take 6,100 hours to complete. The firm thinks that 75% is the expected learning rate. What is the firm's "capacity" to make these boats-that is, how many units can the firm make in 1 year? If the operations manager can increase the learning rate to 70% instead of 75%, how many units can the firm make? (Round all numerical responses in this exercise to the nearest whole number.) Total time available = 24400 hours. Number of Boats 4 5 6 7 8 Total Time 75% Learning Rate 17971 21099 23999 26719 29292 a) Number of boats completed with 75% learning rate = Total Time 70% Learning Rate 16824 19489 21915 24156 26248arrow_forwardThe most important factor(s) effecting the learning curve rate include(s): Select one: A. Complexity of the task B. Percentage of mechanical input C. Percentage of human input D. Only A and C Yield management, also known as revenue management is the amount of output of acceptable quality emerging from a production system compared with the amount that entered it. Select one: True False Obtaining lower unit costs through the use of larger facilities is called economies of scope. Select one: True False It is not unusual for fire departments to use “slack months” for building inspections, conducting prevention programs and giving talks as a way to have anticyclic outputs. Select one: True False In addition to showing time schedules, Gantt charts can also be used for capacities of facilities, workers, jobs,activities, and so forth. Select one: True Falsearrow_forward
- Omega Technology is starting production of a new supercomputer for use in large research universities. It has just completed the first unit, which took 120 labor hours to produce. Based on its experience, it estimates its learning percentage to be 80 percent. How many labor hours should it expect in manufacturing the second unit?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 21 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.) 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_forwardK Manceville Air has just produced the first unit of a large industrial compressor that incorporated new technology in the control circuits and a new internal venting system. The first unit took 112 hours of labor to manufacture. The company knows from past experience that this labor content will decrease significantly as more units are produced. In reviewing past production data, it appears that the company has experienced a 85% learning curve when producing similar designs. The company is interested in estimating the total time to complete the next 7 units. Your job as the production cost estimator is to prepare the estimate. Refer to able E.3 Total manufacturing time for the: first 8 units Learning Curve Coefficients Unit Number (N) 8 Unit Time .512 80% Total Time 5.346 hours Unit Time .614 85% (round your response to the nearest whole number). Total Time 5.936 Unit Time 729 90% Total Time 6.574 Xarrow_forward
- 1 2 3 4 5 6 7 8 Manceville Air has just produced the first unit of a large industrial compressor that incorporated new technology in the control circuits and a new internal venting system. The first unit took 112 hours of labor to manufacture. The company knows from past experience that this labor content will decrease significantly as more units are produced. In reviewing past production data, it appears that the company has experienced a 85% learning curve when producing similar designs. The company is interested in estimating the total time to complete the next 7 units. Your job as the production cost estimator is to prepare the estimate. Refer to Table E.3. Total manufacturing time for the: first 8 units Learning Curve Coefficients Unit Number (N) 8 Unit Time .512 80% Total Time 5.346 hours Unit Time .614 85% (round your response to the nearest whole number). Total Time 5.936 Unit Time .729 90% Total Time 6.574 - Xarrow_forwardA manufacturer of diesel locomotives needs 50,000 hours to produce the first unit. Based on past experience with similar products, the rate of learning is 80 percent. a. Use the logarithmic model to estimate the direct labor required for the 40th diesel locomotive and the cumulative average number of labor hours per unit for the first 40 units. b. Draw a learning curve for this situation.arrow_forwardPlease don't provide handwriting solutionarrow_forward
- Richard Dulski's firm is about to bid on a new radar system. Although the product uses new technology, Dulski believes that a learning rate of 90% is appropriate. The first unit is expected to take 780 hrs, and the contract is for 14 units a) The total amount of hours to build the 14 units= ____ hrs b) what is the average time to build each of the 14 units= _____ c)Assume that the worker works 2080 hrs per year. How many workers should be assigned to this control to complete in a year?arrow_forwardOmega Technology is starting production of a new supercomputer for use in large research universities It has just completed the first unit, which took 120 labor hours to produce. Based on its experience, it estimates its learning percentage to be 80 percent How many labor hours should it expect the second unit to require to manufacture?arrow_forwardSuppose a manufacturer of copiers has concluded that a 70 percent learning curve applies to the time a beginning service technician takes to install copy machines. Use the Learning Curve Excel template to answer the following questions: If the time required to install the first copy machine is estimated to be five hours, what is an estimate of the time required by a new technician to install the second and third copiers? Round your answers to one decimal place. For x = 2 it takes hours For x = 3 it takes hours If the learning rate changes to 65 or 95 percent, what is an estimate of the time required by a new technician to install the second and third copiers? Round your answers to one decimal place. For x = 2 and a 65% LC, it takes hours For x = 3 and a 65% LC, it takes hours For x = 2 and a 95% LC, it takes hours For x = 3 and a 95% LC, it takes hoursarrow_forward
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