A. 20.00 hrB. 18.25 hrC. 17.66 hrD. 22.45 hrAns: AKEY: Learning Objective: E.3: Apply various approaches to solving learning curve problems.REF: Cognitive Domain: AnalysisAnswer Location: Logarithmic ApproachDifficulty Level: HardTOP: AACSB: Analytical thinking51. Acme, Inc., produces widgets. To manufacture a new type of widget, it took 100 hr for thefirst widget. Acme estimates it has a 95% learning rate. Using the logarithmic approach,calculate the time it will take to manufacture the 75th widget.A. 62.89 hrB. 72.70 hrC. 56.55 hrD. 76.42 hrAns: BKEY: Learning Objective: E.3: Apply various approaches to solving learning curve problems.REF: Cognitive Domain: AnalysisAnswer Location: Logarithmic ApproachDifficulty Level: HardTOP: AACSB: Analytical thinking
Venkataraman,Operations Management, 2eSAGE Publishing, 202052. Acme, Inc., produces widgets. To manufacture a new type of widget, it took 50 hr for thefirst widget. Acme estimates it has a 90% learning rate. Using the logarithmic approach,calculate the time it will take to manufacture the 60th widget.A. 26.85 hrB. 32.70 hrC. 22.55 hrD. 21.42 hrAns: AKEY: Learning Objective: E.3: Apply various approaches to solving learning curve problems.REF: Cognitive Domain: AnalysisAnswer Location: Logarithmic ApproachDifficulty Level: HardTOP: AACSB: Analytical thinking53. Acme, Inc., produces widgets. To manufacture a new type of widget, it took 60 hr for thefirst widget. Acme estimates it has a 60% learning rate. Using the logarithmic approach,calculate the time it will take to manufacture the 60th widget.A. 1.85 hrB. 3.70 hrC. 4.55 hrD. 2.94 hrAns: DKEY: Learning Objective: E.3: Apply various approaches to solving learning curve problems.REF: Cognitive Domain: AnalysisAnswer Location: Logarithmic ApproachDifficulty Level: HardTOP: AACSB: Analytical thinking54. Acme, Inc., produces widgets. To manufacture a new type of widget, it took 60 hr for thefirst widget. Acme estimates it has a 90% learning rate. Using the logarithmic approach,calculate the time it will take to manufacture the 35th widget.A. 34.98 hrB. 29.30 hrC. 44.55 hrD. 22.94 hrAns: AKEY: Learning Objective: E.3: Apply various approaches to solving learning curve problems.REF: Cognitive Domain: AnalysisAnswer Location: Logarithmic ApproachDifficulty Level: HardTOP: AACSB: Analytical thinking
Venkataraman,Operations Management, 2eSAGE Publishing, 202055. Acme, Inc., produces widgets. To manufacture a new type of widget, it took 62 hr for thefirst widget. Acme estimates it has a 98% learning rate. Using the logarithmic approach,calculate the time it will take to manufacture the 56th widget.A. 55.18 hrB. 59.30 hrC. 64.55 hrD. 49.94 hrAns: AKEY: Learning Objective: E.3: Apply various approaches to solving learning curve problems.REF: Cognitive Domain: AnalysisAnswer Location: Logarithmic ApproachDifficulty Level: HardTOP: AACSB: Analytical thinking56. Acme, Inc., produces widgets. To manufacture a new type of widget, it took 53 hr for thefirst widget. Acme estimates it has an 86% learning rate. Using the logarithmic approach,calculate the time it will take to manufacture the 102th widget.
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Term
Spring
Professor
Vedsharan