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Author Question: Joe's Manufacturing is considering bidding on a small order for 5 units. Based on similar products ... (Read 47 times)

@Brianna17

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Question 1

Sally suspects strongly that there is a learning curve associated with solving problems assigned for operations management. She notes that it took her approximately 33 minutes to solve the first problem and 20 minutes to solve the fifth problem.

a. Estimate Sally's learning percentage.
b. Using your answer from part a, estimate how much longer it will take Sally to finish the three problems that remain.

Question 2

Joe's Manufacturing is considering bidding on a small order for 5 units. Based on similar products that they have made in the past, they believe that the first unit will take 500 labour hours. They also believe that there will be an 80% learning rate. How many hours of labour should Joe include for his bid?


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Marked as best answer by @Brianna17 on Dec 3, 2019

bookworm410

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@Brianna17

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Reply 2 on: Dec 3, 2019
Wow, this really help


bigcheese9

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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