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 85% is appropriate. The first unit is expected to take 620 hours, and the contract is for 18 units. a) The total amount of hours to build the 18 units = hours (round your response to the nearest whole number). b) The average time to build each of the 18 units hours (response should be rounded to nearest 2nd decimal place) c) If a worker works 2,000 hours per year, the number of workers required to complete (response should be rounded to nearest 2nd decimal place) contract in a year = workers

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 85% is appropriate. The first unit is expected to take 620 hours, and the contract is for 18 units. a) The total amount of hours to build the 18 units = hours (round your response to the nearest whole number). b) The average time to build each of the 18 units hours (response should be rounded to nearest 2nd decimal place) c) If a worker works 2,000 hours per year, the number of workers required to complete (response should be rounded to nearest 2nd decimal place) contract in a year = workers

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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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 85% is appropriate. The first unit is expected to take 760 hours, and the contract is for 13 units. a) The total amount of hours to build the 13 units = 6682 hours (round your response to the nearest whole number). b) The average time to build each of the 13 units = hours (round your response to two decimal places).
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?
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 85% is appropriate. The first unit is expected to take 760 hours, and the contract is for 13 units. a) The total amount of hours to build the 13 units = hours (round your response to the nearest whole number).
State the limitations of learning curve?
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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 hours, and the contract is for 14 units. a) The total amount of hours to build the 14 units = hours (round your response to the nearest whole number).
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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 75% is appropriate. The first unit is expected to take 700 hours, and the contract is for 40 units. a) The total amount of hours to build the 40 units = 9606 hours (round your response to the nearest whole number). b) The average time to build each of the 40 units = 240.15 hours (round your response to two decimal places). c) If a worker works 2,080 hours per year, the number of workers required to complete this contract in a year = workers (round your response to two decimal places).
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