Learning curve problems

Assignment Help Advanced Statistics
Reference no: EM13114263

1) Given the following information, determine the equation for the unit formulation. (Round intermediate calculations to 4 decimal places)

Unit Number (X) Unit Cost(Y)

1 $900.00

2 780.00

3 717.37

4 676.00

- Y = (900)(X) 0.6931

- Y = (900)(X) -0.2065

- Y = (900)(X) 0.9000

- Y = (900)(X) -0.1521

2) It cost a contractor $9,765 to manufacture their first unit. The company expects to experience an 82% unit learning curve. Estimate the cost of the 7th unit. (Round intermediate calculations to 4 decimal places)

- $ 7,615

- $ 8,593

- $ 6,821

- $ 5,594

3) If a company took 100 hours to assemble their first unit and 90 hours to assemble the second unit, we might expect it to take:

- 81 hours to assemble the fourth unit.

- 72.25 hours to assemble the third unit.

- 72.25 hours to assemble the fourth unit.

- 70 hours to assemble the third unit.

4) It took a contractor 1285 hours to manufacture their first unit of an item. If the contractor expects to achieve a 92% unit learning curve, how many hours would be required to manufacture units 52-100? (Use the tables provided in the lesson).

- 290,475

- 38,289

- 37,488

- 284,398

5) In the following unit learning curve equation:

Y=34(X)-0.134425

- The slope equals 88%.

- Y represents the cost of the 34th unit.

- Y is the cost of the first unit.

- The slope equals 91.1%

Reference no: EM13114263

Questions Cloud

What evidence is there that manufacturer-s claim is false : Use critical values and the previously given sample information to test the hypotheses you set up in part α by setting α equal to .10, .05, .01, and .001. How much evidence is there that the manufacturer's claim is false?
One sample t-test-one-sided : The program office budgets $30,000 per program review at the contractor's site. Your concern for "end of year" spending drills is that you have budgeted enough for the reviews
Which of the molecules have dipole moments : Which of the following molecules have dipole moments? For the molecules that are polar, indicate the polarity of each bond and the direction of the net dipole moment of the molecule.
What is probability that next child will have extra digits : A man has extra digits (six fingers on each hand and six toes on each foot). His wife and their daughter have a normal number of digits. Having extra digits is a dominant trait. The couple's second child has extra digits. What is the probability t..
Learning curve problems : Given the following information, determine the equation for the unit formulation. It cost a contractor $9,765 to manufacture their first unit. The company expects to experience an 82% unit learning curve. Estimate the cost of the 7th unit.
What percentage of their offspring is expected : In tigers, a recessive allele causes a white tiger (absence of fur pigmentation). If one phenotypically normal tiger that is heterozygous is mated to another that is phenotypically white, what percentage of their offspring is expected to be white?
Notions of mathematical differences : Explain the notions of mathematical differences, managerially important differences, and statistical significance. Can results be statistically significant and yet lack managerial importance.
Probability that customer chosen at random is loyal : The columns represent length of customer loyalty (in years) at a primary supermarket. The rows represent regions of the United States. What is the probability that a customer chosen at random has been loyal 10 to 14 years?
What would be the genotype and phenotype ratios : In peas, the allele for yellow seeds (Y) is dominant to the allele for green seeds (y). What would be the genotype and phenotype ratios of offspring from a cross between Yy and yy individuals?

Reviews

Write a Review

Advanced Statistics Questions & Answers

  Relationship between speed, flow and geometry

Write a project proposal on relationship between speed, flow and geometry on single carriageway roads.

  Logistic regression model

Compute the log-odds ratio for each group in Logistic regression model.

  Logistic regression

Foundations of Logistic Regression

  Probability and statistics

The tubes produced by a machine are defective. If six tubes are inspected at random , determine the probability that.

  Solve the linear model

o This is a linear model. If your model needs a different engine, then you need to rethink your approach to the model. Remember, there are no IF, Max, or MIN statements in linear models.

  Plan the analysis

Plan the analysis

  Quantitative analysis

State the hypotheses that you are going to test.

  Modelise as a markov chain

modelise as a markov chain

  Correlation and regression

What are the degrees of freedom for regression

  Construct a frequency distribution for payment method

Construct a frequency distribution for Payment method

  Perform simple linear regression

Perform simple linear regression

  Quality control analysis

Determining the root causes

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