Estimate of the cost of the entire contract

Assignment Help Operation Management
Reference no: EM13228609

1. Sara and Blake work for ToyRUs assembling bicycles for customers. Assembly of a swing set has a learning rate of 75%. They forgot to time their effort on the first bike, but spent 4.75 hours on the second. They have a total of 11 to complete. Determine approximately how much time will (or did) take for:

a. the first unit
b. the 7th unit
c. all 11 units

2. Fargo Production has contracted with Johnson Services to overhaul the 15 robots at its plant. All the robots are similar and an 80% learning curve is appropriate. The number of hours that Johnson billed Fargo to complete the first robot was 150. Fargo pays Johnson $200 per hour for its services. Fargo wants to estimate the following:

a. How many hours will it take to overhaul the 10th robot?

b. How long will it take to complete robots 5 through 11, inclusive?

c. What is your estimate of the cost of the entire contract for overhauling all 15 robots?

Reference no: EM13228609

Questions Cloud

Compute the ph of the solution : A solution is made by combining 10.0 mL of 16.5 M acetic acid with 5.60 g of sodium acetate and diluting to a total volume of 1.50 L. Calculate the pH of the solution.
Explain why the cold war occurred : In a two page essay, explain why the Cold War occurred. Briefly trace the main developments of the Cold War through the Cuban Missile Crisis.
Which among the following frameworks of ethics : which among the following frameworks of ethics becomes less practical with an increase in the number of people, animals, etc that could be affected by decisions made?
Compare the differences between mac and h-mac : Compare the differences between MAC and H-MAC.
Estimate of the cost of the entire contract : How long will it take to complete robots 5 through 11, inclusive and what is your estimate of the cost of the entire contract for overhauling all 15 robots - Determine approximately how much time will take for
Compute the detection limit of the reaction : calculate the detection limit of this reaction for each halide, the value below which there will be no observed reaction.
Determine the range of annual volume : A firm plans to begin production of a new small appliance. The manager must decide whether to purchase the motors for the appliance from a vendor at $7 each or to produce them in-house. Either of two processes could be used for in-house production;
German people refer to themselves as deutsch : German people refer to themselves as Deutsch. Where did the English word German, or Germany come from?
Give assembly program to subtract two strings : Write a 68000 assembly program to subtract two strings of A15 ASCII characters. The first string is stored starting at $502030. The second string is stored at location $302510. The ASCII character in location $502030 of string 1

Reviews

Write a Review

Operation Management Questions & Answers

  What is the eoq

What is the EOQ.What is the total annual order and inventory holding costs for the EOQ.What is the reorder point without safety stock. What is the reorder with safety stock.

  Each division manager has instructed to decrease payroll

Several new employees, mostly women also minorities were hired to remedy the lack of diversity in the workplace. Due to financial difficulties within the organization, each division manager has been instructed to decrease his or her employee payro..

  Which has been highly successful inthe passenger tire market

A major producer of passenger tires has launched an advertisingcampaign in which it is trying to market windshield wipers to thepublic under its brand name, which has been highly successful inthe passenger tire market.

  Calculate the future worth of total revenue

Buckeye Manufacturing expects to generate additional revenue from its recently won government contract. Buckeye forecasts that the revenue will be $40 million in the first year.

  Determine the level of responsibility management

From the second e-Activity, determine the level of responsibility management had for the business failure you researched. Provide specific examples to support your response.

  How long is the line

How long is the line, and how much time do students spend waiting, on average?

  What actions can hr leaders take to ensure hire

What actions can HR leaders take to ensure that the organization hires the right people and what might be some tools to accomplish this?

  Calculate the start and finish times for each activity

calculate the start and finish times for each activity and determine the minimum number of weeks for completing the project. find the critical set of activities for the project.

  Calculate upper and lower control limits

A quality analyst wants to construct a sample mean chart for controlling a packaging process. He knows from past experience that the process standard deviation is two ounces.

  Which control should periodically reassess its approach

Which control should periodically reassess its approach to the marketplace with a good marketing audit?

  Calculate the optimal order quantity

A special coffeehouse sells colombian coffee at a fairly steady reat of 30 pounds per month. The beans are purchased from a local supplier for $3.20 per pound.

  Explain how about the quantitative approach

Explain how might principle of scientific management be useful to springs industries. Explain how about the quantitative approach.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd