Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
BACKGROUND INFORMATION In this module, you focus on the concept and principles of learning rates and customer value determination. In this assignment, you will be able to practice and develop your learning rate determination skills. This will help you to become proficient in determining and analyzing learning rates for a variety of scenarios. This activity addresses the following Module Outcome: · Differentiate between alternative business processes utilizing the Plan-Do-Check-Act (PDCA) cycle, and various performance measures.(CO#1, CO#4) PROMPT View Learning Curve Calculator. This video demonstrates how to set up a Cumulative Average Model calculator in Excel. Then, complete the tasks for this activity. TASKS 1. Create a Learning Curve Calculator similar to the one shown from the video Learning Curve Calculator. 2. Create a graph of Unit Cost versus Learning Rate for an initial unit cost of $100 and a production run of 1,000 units. Learning rate should vary from 0 to 100% and should use increments of 5%. Ensure you label the x- and y-axis and provide a graph title. The graph should be in its own worksheet. For help with moving the graph to a new sheet, go to How to Move a Chart onto a New Sheet in Excel. 3. Using the same data from question 2 (above), graph the Unit Number versus Cumulative Total Cost. Select two learning rates (Option A and Option B). Answer the following questions: a. If each 5% increment of learning rate costs $1000, which option (A or B) would result in a low cost (Cumulative cost for 1,000 unit run added to the learning rate cost)? b. Does your answer change if you do 50 runs in a year and the learning rate cost is a one-time cost? Explain why or why not. c. Explain how you could use the PDCA cycle to reduce the Cumulative Total Cost. What are the tradeoffs to reducing Cumulative Total Costs? Note: Please ensure you submit your answers to the above questions and your MS Excel Learning Curve Calculator with all of your work (each problem should be its own worksheet). You can label each worksheet based on problem number (i.e. - "M2A2 Problem 2"). Please support your written answers and cite in APA format.
To which work station should each worker be assigned in order to minimize the flow time of the assembly line? What is the associated flow time?
Compare and contrast Internationalization Theory and the Knickerbocker Theory of FDI. Which theory offers the best explanation of FDI and why? Explain your answer with a well-constrcuted and cogent response. Include two quality sources in your answer..
Which of the following statement regarding the characteristics of projects are true?
hetimes required to complete each of eight jobs in a two-machine flow shop are shown in the table that follows. Each job must follow the same sequence, beginning with machine A and moving to Machine B.
Watch the "Process Evaluation" and "Supply Chains" sections of the "Supply Chain Management Video Lecture Series."There are several material resource planning systems available - chose one of these resources to discuss how it would be incorporated ..
Brief Introduction to the key concepts of Change Management and a "desktop" review of potential barriers and safety concerns
Write clearly and concisely about Information Technology Project Management topics using proper writing mechanics and technical style conventions.
Real options include using decision trees and conditional probabilities. Discuss how real option thinking can promote building costly yet inefficient plants that become profitable.
What are the essential elements of Lean thinking? What are the essential elements of Six Sigma analysis activities? Please be certain to highlight and compare the differences and similarities between the two concepts.
Jacks Company had a net increase in cash from operating activities of $8,600 and a net decrease in cash from financing activities of $1,900. If the beginning and ending cash balances for the company were $3,600 and $12,200, then net cash change from ..
The CanGo managers engaged in such a debate as they struggled with the decision to offer violent online games as part of their product mix. Whatever decision the managers reach will depend not only on their business judgment, but on their personal ph..
Detailed summary of at least two different methods of quality measurement. Examples of how the methods may be used to improve organizational effectiveness.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd