Explain what should johnson estimate time and parts costs, Operation Management

Assignment Help:

Johnson Industries received a contract to develop and produce four high intensity long distance receiver/transmitters for cellular telephones. The first took 2000 labour hours, and cost $39000 worth of purchased and manufactured parts. The second took 1500 labour hours, and cost $37050 in parts. The third took 1450 labour hours, and $31000 in parts, and the fourth took 1275 labour hours, and cost $31492. Johnson was asked to bid on a follow-on contract for another dozen receiver/transmitter units. Ignoring any forgetting factor effects, what should Johnson estimate time and parts costs to be for the dozen units. (Hint: there are two learning curves--one for parts, and one for labour).


Related Discussions:- Explain what should johnson estimate time and parts costs

Explain what is the functionality of the function strstr, What is the funct...

What is the functionality of the function strstr and stristr?

Find market price of the bond, SWH Corporation issued bonds on January 1, 2...

SWH Corporation issued bonds on January 1, 2004. The bonds had a coupon rate of 4.5%, with interest paid semiannually. The face value of the bonds is $1,000 and the bonds mature on

Maximum product exposure - facility layout, Maximum Product Exposure - Faci...

Maximum Product Exposure - Facility Layout  In layout of retail stores, basic purchases and check-out stations are often positioned remote from the shop entrance, obliging the

Computer the schedule variance schedule performance index, A project to bui...

A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be running very low. A major milestone has been reached wh

Explain strategic quality management process, Why is the deployment phase o...

Why is the deployment phase of the strategic quality management process crucial to the achievement of an organization's vision? What are the roles of feedback in the strategic qual

Explain what is risk, What is risk? How does risk differ from uncertainty? ...

What is risk? How does risk differ from uncertainty? How does it impact a business?

Explain business plan to enhance to online education, If you can think of a...

If you can think of a business plan to enhance to online education programs at school?

Capacity mgt. model, 1. The average annual investment cost of a workstatio...

1. The average annual investment cost of a workstation in New Jersey has been calculated to be $100,000. It has been calculated to be $150,000 in Kentucky. The hourly cost at a

What are the advantages as well disadvantages for a u.s, What are the advan...

What are the advantages and disadvantages for a U.S.-based company entering a mature market economy?

Operational Management, I have a take home exam that I need to be solved 10...

I have a take home exam that I need to be solved 100 % correct , please . I need it within 23 hours EXACTLY from now please . Thank you so much and I am really looking forward to s

Write Your Message!

Captcha
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