What is the estimated overall labor cost for a task

Assignment Help Operation Management
Reference no: EM13759815

What is the estimated overall labor cost for a task that has a learning curve of 90% and is expected to reach steady state value after 16 units in a time of 5 minutes to assemble and the total production run is 20 units. Labor is $22 per hour. What would be the total cost is the learning curve is ignored and steady state was used?

Reference no: EM13759815

Questions Cloud

Organizational environment : Incredibly Corporation (IBC) Big is a technology manufacturing firm with more than 150,000 employees in its worldwide operations. It currently does business in 95 countries and generates more than $22 billion in revenue. Among its many products are w..
What is the issue and what is the conclusion-nutrition plan : Why do people fall for all the fad diets out there when the only nutrition plan that even close to sensible is the Hunt & Peck Diet? Anyone who thinks another diet will do them any good is a complete cretin who knows nothing about the nutritional nee..
Internal control weaknesses : Do not email your response to the teacher. All current events, internet searches, and essays must be submitted in class. Identify as many internal control weaknesses as you can in this scenario, and suggest how each could be addressed.
Create a presentation describing the data types : Create a 10-12 slide presentation describing the data types. Include the following in your presentation: Introductory slide AND Slide for each data type
What is the estimated overall labor cost for a task : What is the estimated overall labor cost for a task that has a learning curve of 90% and is expected to reach steady state value after 16 units in a time of 5 minutes to assemble and the total production run is 20 units. Labor is $22 per hour. What w..
Company''s monthly net operating income or loss : The sales manager feels that an $18,000 increase in the monthly advertising budget, combined with an intensified effort by the sales staff, will result in a $120,000 increase in monthly sales. If the sales manager is right, what will be the effect..
Cost leadership strategy and quick-response strategy : Of the potential strategies available to Regal Marine, have they chosen differentiation, cost leadership, or quick response? Do you think that is a good choice for a boat manufacturer? Why or why not? Cost Leadership strategy and Quick-Response strat..
Explain the tax advantage of allocating : Explain the tax advantage of allocating too much to the building and too little to the land. Was Western's allocation ethical? If so, state why. If not, why not? Identify who was harmed.
The cost estimation to design a new aircraft : Boeing has developed the 787 for production in 2008*. It is expected to perform 20% more efficiently than any other plane. Assume the passenger load is similar to the Boeing 777 (which cost $6 billion to design and went into service in 1993). The BLS..

Reviews

Write a Review

Operation Management Questions & Answers

  What kind of evidence might indicate that a company''s board

Review the Discussion Questions and User Checklist at the end of Chapter 6, the Board of Directors and Major Projects, in your text Project Management: Strategic Design and Implementation. What kind of evidence might indicate that a company's b..

  What is the horizon value forecasted information

You are given the following forecasted information for the year 2016: sales=$300,000,000, Operating Profitability=6%, Capital Requirements=43%, growth=5%, and WACC=9.8%.

  What''s the differences and similarites between toyota and gm

What's the differences and similarites between Toyota and GM in operation management?

  Why do companies use job specialization

Why do companies use job specialization? How can specialized jobs be modified to eliminate the boredom and low job satisfaction associated with them?

  Decrease the probability of a favorable rental market

Philip Musa can build either a large video rental section or a small one in his Birmingham drugstore. He can also gather additional information or simply do nothing. If he gathers additional information, the results could suggest either a favorable o..

  Problem - more process analysis

What tasks should be assigned to each worker in order to maximize the capacity of the process and what is the resulting process capacity in toothbrushes per hour?

  Problems are being solved through government action

Identify three policy problems and determine an appropriate indicator or index that would help determine whether each of the identified problems are being solved through government action. Justify your position on each. (Note: The box includes Wor..

  Calculate the expected value of perfect information

Beverly Mills has decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep the environment clean. The car she selected is available from only one dealer in the local area.

  Discuss why communication skills are important

discuss why communication skills are important to organizational success and why recruiters focus so much on finding leads with good communication skills. What happens when there are problems with communications in the workplace (re-work, low mora..

  How many cash registers the restaurant should have

a fast food restaurant averages 150 customers per hour. The average processing time per customer is 90 seconds.

  Evaluate upper also lower control limits which will comprise

Evaluate upper also lower control limits which will comprise roughly 97 percent of sample means when process is in control.

  Write down a 700- to 1050-word paper in which you describe

choose an organization for this assignment from one of the following resources middot virtual organizations

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