How many labor hours should it expect in manufacturing

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Problem

A. The learning curve phenomenon has been shown in practice to be widely applicable. Once a company has established a learning rate for a process, they can use it to predict future system performance. Would there be any reason to reevaluate the process' learning rate once it has been initially established?

B. Firm A typically sees a learning percentage of 85 percent in its processes. Firm B has a learning percentage of 80 percent. Which firm has the faster learning rate?

C. Company Z is just starting to make a brand-new product it has never made before. It has completed two units so far. The first unit took 12 hours to complete, and the next unit took 11 hours. Based only on this information, what would be the estimate of the learning percentage in this process?

D. Omega Technology is starting production of a new supercomputer for use in large research universities. It has just completed the first unit, which took 120 labor hours to produce. Based on its experience, it estimates its learning percentage to be 80 percent How many labor hours should it expect in manufacturing the second unit?

Reference no: EM133655645

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