Question: Question 1 Subaru Racing it training a new pit crew. In its first practice run, the crew was able to complete all the tasks in

Question 1 Subaru Racing it training a new pit
Question 1 Subaru Racing it training a new pit
Question 1 Subaru Racing it training a new pit crew. In its first practice run, the crew was able to complete all the tasks in exactly 30 seconds. The second time the crew performs the task it shaves off 4.5 seconds. a. Estimate the learning coefficient. b. "Dare-devil" Williams, the VP for Subaru Racing, requires that the pit crew must be able to perform the task in 15 seconds or less to be competitive. Using your result from part a., how many times must the pit crew rehearse this task before it breaks the 15 second barrier?" Question 2 Razzle Dazzle Inc. was asked to produce 6 prototype disco lighting systems for a new "That's 70's" theme restaurant chain. The time to produce each of the systems is shown in the following table. Time System (Minutes) 1 46 2 39 3 35 4 33 5 32 6 30 a. Estimate the learning coefficient. b. Based on initial customer reaction, RD's customer expects the T70's chain to "go national" requiring a total of 200 systems to be delivered. How much time would you expect the 2004 unit to take to produce? c. Sales wants a time estimate for a quote for the remaining 194 units. What is the total time for these units and what is the average time for the next 194 units? Unit Research Associates (URA) has been asked to bid on a contract for 300 high tech surveillance drones for the NSA (Who claims they will be used to monitor snow fall in the Sierra Nevada Mountains). Fortunately, URA had completed a similar project for the Defense Department and has done a careful job of recording cost and efficiency data. Labor hours for the first of the DD drones was 5000 hours and the time for the 50'h was 930. Similarly, material cost for the first of the DD drones was $50,000 in materials, while the 50' required just $40,000. For bidding purposes, labor cost is assumed to be $25/hour and an overhead rate of 20% added to the materials cost and 35% added to the labor cost for benefits and administration. Common practice in this industry is to add a 25% profit margin to the average cost of the delivered product. a. What are the estimated learning coefficients for labor and materials? b. How many labor hours will be required to produce the 300th drone? c. What is the total cost (labor, materials, and overhead) for the 300th drone? d. What is the total cost for all 300 drones? e. Following industry practice, what should the bid be for the 300 drones

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