Question: Show me the steps to solve 1 ) ( 1 6 marks ) Your boss is the project manager for a large contract assembly plant.
Show me the steps to solve
marks Your boss is the project manager for a large contract assembly plant. A new
customer has come to you with a product they want units of assembled. The customer
estimates that the time to assemble a unit is about hours to assemble each one and is
willing to pay you at that rate. She offers you the project. You want to impress the boss,
but you dont want to take the project if it will lose money and make you look bad. She
tells you that the first unit took hours, and the second one took hours.
a What is the learning rate for this project? How many hours do you expect the third unit
to take? How many hours do you expect the th unit to take? What is the percentage
change in productivity from the first unit to the th unit?
b What is the total number of hours required for all units? What is the average time to
assemble all of the units? Should you accept the project? Why or why not?
c After you have finished the project, the company comes back and asks for more units.
How long do believe the first unit of the order would take to produce? The th How
many labour hours would be required for the second order? What is the labour time per
unit?
d Suppose your company can supply labour hours per month to this product. What
is your capacity to produce this product ie how many can you produce in the first
month
e You have another product with a learning curve of and the first unit took hours.
How long with the rd unit take? The th
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
