Question: The service times for a new data entry clerk have been measured and sequentially recorded as shown below: Report ........ Time (minutes) 1 .......... 66

The service times for a new data entry clerk have been measured and sequentially recorded as shown below:
Report ........ Time (minutes)
1 .......... 66
2 .......... 56
3 .......... 53
4 .......... 48
5 .......... 47
6 .......... 45
7 .......... 44
8 ......... 41
a) What is the learning curve rate, based on this information?
b) Using an 85% learning curve rate and the above times, estimate the length of time the clerk will take to complete the 48th report.

Step by Step Solution

★★★★★

3.38 Rating (157 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

a In order to estimate the learning curve rate we take the ratios of the units tha... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

286-B-M-L-O-M (2673).docx

120 KBs Word File

Students Have Also Explored These Related Management Leadership Questions!

The set vice times for a new data entry clerk have been measured and sequentially recorded as shown below: Report Time (minutes) 1 ............ 66 2 ............ 56 3 ............ 53 4 ...............

Estimate the time it will take to complete the fourth unit of a 12-unit job involving a large assembly if the initial unit required approximately 80 hours for each of these learning percentages: a....

a. Based on this information alone, can you determine whether Wayne can pay a $2,000 cash dividend? Why or why not? b. Reconstruct the accounting equation for each company using percentages on the...

The service times for a new data entry clerk have been measured and sequentially recorded as shown below: Report Time (minutes) 12345678 66 56 53 48 47 45 44 41 a) What is the learning curve rate,...

Learning curve double analysis ml The service times for a new data entry clerk have been measured and sequentially recorded as shown below. Report Time(minutes) 1 66 2 60 3 57.5 4 55 5 53 6 52 7 51 8...

The service times for a new data entry clerk have been measured and sequentially recorded as shown below. Report Report 1 Time (minutes) 66 56 53 6 7 Time (minutes) 45 44 41 2 3 8 4 48 5 47 The...

The service times for a new data entry clerk have been measured and sequentially recorded as shown below: Report Time ( minutes ) 1 6 6 2 6 0 3 5 7 . 5 4 5 5 5 5 3 6 5 2 7 5 1 8 5 0 9 4 9 1 0 4 8 a )...

E.23 The service times for a new data entry clerk have been measured and sequentially recorded as shown below: a) What is the learning curve rate, based on this information? b) Using an 85% learning...

The service times for a new data entry clerk have been measured and sequentially recorded as shown below: ( you need to read the textbook to understand what is "doubling" ) Report Time ( hours ) 1 3...

answer using excel E.23 The service times for a new data entry clerk have been measured and sequentially recorded as shown below: a) What is the learning curve rate, based on this information? b)...

Wendy Fonder and Susan Engelkemeyer had been operating a catering business, Traveling Gourmet, for several years. In March 2011, the partners were planning to expand by opening a retail sales shop...

Separate cost of production reports are prepared for each producing department. Why is this method used in preference to one report for the entire company?

refers to actions , based on activity driver analysis, that increase efficiency, lower costs and / or improve asset utilisation .

Calculate total gross margin by customer for the month. (Hint: In your pivot table, put customer # in your rows and sum of gross margin in your ?Values area). Sort the gross margin by customer from...

How will global trends such as the increase in labor cost in some emerging markets impact national differences in the future and companies decisions to exploit them

Sgt. Barnes is a veteran police officer filing as Head of Household. Currently, her taxable income is $50,000, but has been asked to sit for the Leutenant's exam. She is excited about the opportunity...

Brody Company makes industrial cleaning solvents. Various chemicals, detergent, and water are mixed together and then bottled in 10-gallon drums. Brody provided the following information for last...

2.2 51 Summarizing Data for a Quantitative Variable Exercises Methods 11. Consider the following data. WEB 14 19 24 19 16 20 24 20 file Frequency a. b. SELF test 21 22 24 18 17 23 26 22 23 25 25 19...

Can you think of any examples of how you, or your family or friends, were af- fected by the failure of the financial system to function normally during the financial crisis of 2007-2009?

A news vendor wants to decide on the number of magazines to order for the next day. Based on his experience, he believes that demand for the magazine would range from 400900 based on the following...

Zhu Manufacturing is considering the introduction of a family of new products. Long-term demand for the product group is somewhat predictable, so the manufacturer must be concerned with the risk of...

The following payoff table provides profits based on various possible decision alternatives and various levels of demand at Robert Klassans print shop: L01 DEMAND LOW HIGH Alternative 1 $10,000...

Please answer the following question using original work only and please include a table. Thanks! One position expressed in the financial literature is that firms set their dividends as a residual...

in sally soprano case, prior to the negotiation sally's agent is preparing the potential issues to be discussed

You have decided that you want to buy a home in 6 years. You believe you can afford a house that is $230,000. a) If you want to have 19% for a down payment, how much will you need to have for the...