GMS 401 Study Guide - Final Guide: Operations Management, Liquid Oxygen
14 Apr 2014
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A contractor intends to bid on installing 30 in-ground swimming pools. Because this will be a new line of work for the contractor, he believes there will be a learning effect. After reviewing time records from a similar type of activity, the contractor is convinced that an 85-percent learning curve is appropriate. He estimates that the first pool will take his crew eight days to install. = 37. 512 days: t1 total t. f. 10 = 8 7. 116 = 56. 928 days: t1 (total t. f. 20 total t. f. 10) = 8 (12. 402 7. 116, t1 (total t. f. 30 total t. f. 20) = 8 (17. 091 12. 402) Students in an operations management class have been assigned four similar homework problems. One student took 50 minutes to complete the first problem. Assume that a 70-percent learning curve is appropriate. How much time can this student plan to spend solving all the remaining problems? (lo2) T2-4 = t1-4 - t1 = 137. 9 50 = 87. 9 min. , or about 1 hrs.
