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Author Question: Harold's Picture manufactures various picture frames. Each new employee takes 6 hours to make the ... (Read 77 times)

dejastew

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on: Mar 6, 2021

Question 1

Explain the difference between the cumulative average-time learning model and the incremental unit-time learning model.

Question 2

Harold's Picture manufactures various picture frames. Each new employee takes 6 hours to make the first picture frame and 4.8 hours to make the second. The manufacturing overhead charge per hour is $25.

Required: 
a.  What is the learning-curve percentage, assuming the cumulative average method?
b.  What is the time needed to build 8 picture frames by a new employee using the cumulative average-time method? You may use an index of −0.1520.
c.  What is the time needed to produce the 16th frame by a new employee using the incremental unit-time method? You may use an index of −0.3219.
d.  How much manufacturing overhead would be charged to the 16 picture frames using the average-time approach?
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Marked as best answer by dejastew on Mar 6, 2021

krakiolit

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Reply #1 on: Mar 6, 2021
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dejastew

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Reply 2 on: Mar 6, 2021
:D TYSM

bitingbit

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Reply 3 on: Yesterday
Wow, this really help

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