Purchasing and Supply Chain Management
6th Edition
ISBN: 9781285869681
Author: Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher: Cengage Learning
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Chapter 12, Problem 2DQ
Summary Introduction
To determine: The appropriate learning rate.
Purchasing and supply chain analysis tools and techniques:
It is essential for possessing the right tools and techniques in
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Purchasing and Supply Chain Management
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- Ma1. DRILL is a company specialized in the design and fabrication of oil drilling rigs. The sales department just received two orders from two companies A and B. The production manager of DRILL decided to deliver the first 3 fabricated rigs to Company A and the next 4 fabricated rigs (rigs 4 to 7) to company B. It took DRILL company 50,000 labor-hours to manufacture the first oil drilling rig. Assume that DRILL experiences a learning rate of 90%. At a labor rate of $100 per hour, what is the labor cost that should be charged to each company (A&B)?arrow_forwardWhat would a learning percentage of 120 percent imply?arrow_forwardFind the average time per unit required to produce the first 29 units, if the slope parameter of the learning rate is 88% and the first unit takes 445 hours.arrow_forward
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- K Kelly-Lambing, Inc., a builder of government contracted small ships, has a steady work force of 10 very skilled craftspeople. These workers can supply 2,440 labor-hours each per year. Kelly-Lambing is about to undertake a new contract, building a new style of boat. The first boat is expected to take 6,100 hours to complete. The firm thinks that 75% is the expected learning rate. What is the firm's "capacity" to make these boats-that is, how many units can the firm make in 1 year? If the operations manager can increase the learning rate to 70% instead of 75%, how many units can the firm make? (Round all numerical responses in this exercise to the nearest whole number.) Total time available = hours.arrow_forwardKelly-Lambing, Inc., a builder of government contracted small ships, has a steady work force of 10 very skilled craftspeople. These workers can supply 2,500 labor-hours each per year. Kelly-Lambing is about to undertake a new contract, building a new style of boat. The first boat is expected to take 6,200 hours to complete. The firm thinks that 80% is the expected learning rate. What is the firm's "capacity" to make these boats-that is, how many units can the firm make in 1 year? If the operations manager can increase the learning rate to 75% instead of 80%, how many units can the firm make? (Round all numerical responses in this exercise to the nearest whole number.) Total time available = Number of Boats 869 SA 4 5 7 hours Total Time 75% Learning Rate Total Time 80% Learning Rate Total number of boats with 75% learning rate = Total number of boats with 80% learning rate =arrow_forwardKelly-Lambing, Inc., a builder of government contracted small ships, has a steady work force of 10 very skilled craftspeople. These workers can supply 2,440 labor-hours each per year. Kelly-Lambing is about to undertake a new contract, building a new style of boat. The first boat is expected to take 6,100 hours to complete. The firm thinks that 75% is the expected learning rate. What is the firm's "capacity" to make these boats-that is, how many units can the firm make in 1 year? If the operations manager can increase the learning rate to 70% instead of 75%, how many units can the firm make? (Round all numerical responses in this exercise to the nearest whole number.) Total time available = 24400 hours. Number of Boats 4 5 6 7 8 Total Time 75% Learning Rate 17971 21099 23999 26719arrow_forward
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