b) Number of boats completed with 70% learning rate=
Q: Several airlines, such as Air Asia, are pursuing a strategy to become a “retailer” of travel/tourism…
A: The airline industry has a global presence and therefore it is considered a large market but the…
Q: Company
A: The largest beverage corporation in the world is The Coca-Cola Company. According to a Fortune 2009…
Q: 14.5. For the data in Exercise 14.4, use an a of 0.1 to make a forecast for July F= Ft-1 + 0.1(At-1-…
A: Given-
Q: In Exercises 9-20, use the simplex method to solve the given linear programming problem. (In each…
A: Given LP- Max Z = 3x1+ 4x2+ x3+7x4Subject to-8x1+ 3x2+ 4x3+ x4≤ 72x1+ 6x2+x3+ 5x4≤ 3x1+ 4x2+ 5x3+…
Q: What is the length of the critical path? What is the slack for task E?
A: A network diagram related to the project is which shows the set sequence of the task that is done to…
Q: Because Tt reflects the overall trend component in the time series up to period t, we need to set…
A: Trend-adjusted exponential smoothing: Trend adjusted exponential smoothing method is…
Q: amount of time, whi ly relevant and imp. uch a measure. Wha t?
A: Combining the right tools to produce the results is risk identification.
Q: Wreckem Industries Inc., is a company that markets calculators to universities. Mr. Red, it's CEO,…
A: Given, Annual demand D = 100000 Order cost S = $10 Carrying cost H = $2 Number of days = 250 days…
Q: How impactful were product discounts on customer questions?
A: Given data: The % Customer questions in month 1 is +8% and month 2 is +10% and month 3 is +12%…
Q: Inventory is the raw materials, work-in-process products and finished goods from the portion of a…
A: Effectiveness of perpetual inventory for the food service organization Controlling stock levels is…
Q: Carol Cagle has a repetitive manufacturing plant producing trailer hitches in Arlington, Texas. The…
A: Given data: Setup labor cost = $25/hr Annual Holding cost (H) = $12/unit Daily production (P) = 992…
Q: What is the Late Start on Activity C? What is the slack on Activity C? What is the slack on…
A: A network diagram related to the project is which shows the set sequence of the task that is done to…
Q: What is x? (Do not round intermediate calculations. Round your answer to the nearest whole number.)
A: A network diagram related to the project shows the sequence of the task that is performed to…
Q: discuss the benefits of FMECA in the overall maintenance management.
A: Failure modes, effects, and criticality analysis, or FMECA, is a methodical and proactive process…
Q: Deluxe coffee is to be mixed with regular coffee to make at least 42 pounds of a blended coffee. The…
A: Simply put, cost reduction means businesses are optimizing productivity or using the fewest…
Q: Temple Trucking Co. just hired Ed Rosenthal to verify daily invoices and accounts payable. He took 7…
A: Given, First day time T1 = 7 hour 42 minutes = 462 minutes Learning curve = 0.85 Learning…
Q: a) Based on the given information regarding the activities for the project, the project completion…
A: A network diagram related to the project shows the sequence of the task that is performed to…
Q: Betty Bad and Gary Good have the following expected claims distributions: Betty Bad Gary Good Loss…
A: Given, the expected claims distribution table. Expected claim cost = Sum product of Probability and…
Q: Four strategies that should be implemented during Lewin's providing support. building coalition.…
A: The process by which an organization describes and implements change within its internal and…
Q: uld increase the chance of catastrophic failure on the system?
A: A catastrophic failure is a total, unexpected, and abrupt breakdown of a machine, electronic system,…
Q: Discuss the effects of corruption in an organization's value chain
A: ANSWER : An organisations' value chain consists of the relative multitude of activities and…
Q: Using the FCFS rule for scheduling, the sequence is 1-2-3. For the schedule developed using the FCFS…
A: Sequencing is an appropriate order of plan as per which the process of operations works. It defines…
Q: What is the expected monetary value (EMW) of taking Airlines 1&2? Airline -1 (Fare $700, on-time…
A: The statistical meaning/concept of expected monetary value (EMV) assessment determines the…
Q: At All Books, a large retailer of popular books, demand is constant at 20,400 books per year. The…
A: As per Bartleby guidelines, we can only solve the first three subparts of one question at a…
Q: The Universal Computer Company uses a newly developed A1 chip in the manufacturer of their tablet…
A: Ans) EOQ Formula: EOQ = Sqrt ( (2*D*Ordering Cost)/(Holding Cost) ) So, D = 12000*320/365 = 10667…
Q: Analyze the SWOT of WALMART
A: To conduct a Walmart SWOT analysis, one must be familiar with the business and its development.…
Q: Other secured loans $ Signature loans Risk-free securities $ $ What is the projected total annual…
A: Given data is Investment Return Automobile 7 Furniture 9 Other secured 10 Signature 11…
Q: Financial planner Minnie Margin has a substantial number of clients who wish to own a mutual fund…
A: Objective Functions and Constraints: Based on the given details, the objective…
Q: A production line is to be designed for a job with four tasks. The task times are 2.7 minutes, 0.4…
A: Given data: Task 1 time = 2.7 minutes Task 2 time = 0.4 minutes Task 3 time = 0.6 minutes Task 4…
Q: Question 8 When looking at the entire industry, the main areas in a company's overall value chain…
A: A value chain is a systematic corporate strategy for taking a good or service from conception to…
Q: A manufacturing facility stores spare parts for maintenance in a storage facility. Throughout the…
A: Find the Calculation methods below: Single Server: L = Lq + λμLq = λ2(μ(μ-λ))System Cost = Cw*L + Cs…
Q: Q5) Assume you are asked to develop a selection system to assess top managers and all of the…
A: The process of choosing and shortlisting the best applicants with the required credentials and skill…
Q: Consider the model for this assignment problem. Min s.t. X1A + X1B + X1C + X1D = 1 X2A + X2B + X2C +…
A: Given- Assignment problem-Min 10X1A + 12X1B + 15X1C + 11X2A + 14X2B + 19X2C +18X3A +21X3B +23X3C +…
Q: Materials requirement planning (MRP) is used to manage inventory in the upper echelon of the supply…
A: EXPLANATION : Material requirements planning (MRP) is a framework for calculating the materials and…
Q: Problem 1: RRR Distributors Corporation has four sales territories, each of which must be assigned a…
A: Let x11 be Assignment of Emmalou to A, x12 be Assignment of Emmalou to B and so on. The objective is…
Q: Explain 'Decision Management' and 'Decision Control' and the 4 elements that make up the…
A: Decision Management refers to coming up with a strategy to make the business more advanced and swift…
Q: Girish Shambu and Delores Reisel are teammates at a discount store; their new job is assembling…
A: Ans) Learning Rate = 80% = 0.8 Second unit took = 5hrs b = log(learning rate)/log(2) =…
Q: DEFINITION AND CONCEPT OF RECRUITMENT AND SELECTION
A: Famous words used about the recruiting process include recruitment and selection. Finding applicants…
Q: Make a list of two ways to reduce rework expenses. What role, in your opinion, does gradual delivery…
A: Optimal planning Without a proper and structured plan, it is sure that rework will happen sooner or…
Q: A Manufacturing company uses the cost formula Y = 5,000 + BHD 0.40x for the maintenance cost in…
A: ANSWER : Y = Bhd 5,000 + 0.40x 10,000 hours Y = 5,000 + 0.40x ( 10,000) Y = 5,000 + 4000
Q: Should Laura wait until she sees howDrew performs working independently before she does anything?
A: We can comprehend the draw's lack of enthusiasm for this project in this situation. He was working…
Q: K Suppose that a company has recently started manufacturing a new line of helicopters, and it took…
A: Given data is as follows: Days taken = 106.496 labor days to complete 16th helicopterLearning rate =…
Q: Terry runs a steak-burger shop near Winona, MN. Customers are waiting in a single waiting line…
A: Total customers which can be served in a day assuming that the store is open for 8 hours in a day =…
Q: E-Book break-even analysis. Eastman Publishing Company is considering publishing an electronic…
A: The break-even analysis is an approach to determining the level of output at which the fixed and…
Q: a) 2nd Day b) 4th Day 393 minutes minutes (round your response to the nearest whole number). (round…
A: Time taken on first day = 7hrs 42 mins = 7*60+42 = 420+42 = 462 mins Learning curve rate = 85%
Q: The daily holding cost of Alternative 1 is $________. (Enter your response rounded to two decimal…
A: Given, Holding cost = 30% Shipping amount = $104,800 Alternative 1 : Cost = $3370 Days = 30…
Q: Which of the following statements is TRUE of a functional structure? It focuses on the company's…
A: Explanation : In the functional structure, it becomes easier for the employees to supervise one…
Q: K Consider a firm with an annual demand of 6000 units, a setup cost of $20 per order, and an annual…
A: Annual demand(D) = 6000 setup cost(S) = $20 Holding cost(H) = $2 Purchase cost = 1200
Q: GreenLawns provides a lawn fertilizing and weed control service. The company is adding a special…
A: Given data is Objective function: Max S=-2R2-12M2-9RM+20R+37M Subject to constraints: 1R+1M≤4R,M≥0
Q: There are many kinds of packaging. For consumer packaging, cardboard and plastic are the two most…
A: Definition The wrapping of the product (used for the transportation of goods) containing the…
Step by step
Solved in 2 steps with 2 images
- 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 26719Kelly-Lambing, Inc., a builder of government contracted small ships, has a steady work force of 10 very skilled craftspeople. These workers can supply 2,500 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 6,200 hours to complete. The firm thinks that 80% 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 75% instead of 80%, how many units can the firm make? (Round all numerical responses in this exercise to the nearest whole number.) Total time available = Number of Boats 869 SA 4 5 7 hours Total Time 75% Learning Rate Total Time 80% Learning Rate Total number of boats with 75% learning rate = Total number of boats with 80% learning rate =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 = 24400 hours. Number of Boats 4 Total Time 75% Learning Rate
- 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.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 - XOmega Technology is starting production of a new supercomputer for use in large research universities. It has just completed the i rst 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?
- ← 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 26248Aqeel bought 6 bookcases for his place. Each required unpacking of parts and assembly, which included some nailing and bolting. Aqeel completed the first bookcase in 5 hours and the second in 4 hours. 1-What is his learning rate (k)? 2-What is his learning-curve value of b? 3-Assuming that the same rate continues, how long will the 3rd, 4th, 5th, and 6th bookcases take? Y3 = hours Y4 = hours Y5 = hours Y6 = hours 5-How long will take him to finish all the 6 cases? It will take him hours.Suppose 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 hours
- Learning Curve. Jericho Vehicles manufacturers special-purpose all terrain vehicles primarily for military and government agencies in Canada as well as for foreign governments. The company is planning to bid on a new all-terrain vehicle specially equipped for desert military action. The company has experienced an 87% learning curve in the past for producing similar vehicles. Based on a prototype model, it estimates the first vehicle produced will require 1,600 hours of direct labour. The order is for 60 all-terrain vehicles. Determine the time that will be required for the 30th and 60th units. Use an excel spreadsheet or tables to show your calculations and justify your answer. Note: Include a graph to represent the final answer.K 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 XYour company has received an order for 20 units of a product. Th e labor cost to produce the item is $9.50 per hour. The setup cost for the item is $60 and material costs are $25 per unit. The item is sold for $92. Th e learning rate is 80 percent. Overhead is assessed at a rate of 55 percent of unit labor cost.(a) Determine the average unit cost for the 20 units if the firstunit takes four hours.(b) Determine the minimum number of units that need to bemade before the selling price meets or exceeds the averageunit cost.