User Account

All Pages

He estimates that the first job will take his crew eight

Assignment Help Operation Management
Reference no: EM13917446

A contractor intends to bid on a job installing 30 airport security systems. Because this will be a new line of work for the contractor, he believes there will be a learning effect for the job. After reviewing time records from a similar type of activity, the contractor is convinced that an 85 percent curve is appropriate. He estimates that the first job will take his crew eight days to install. How many days should the contractor budget for?
a. The first 10 installations?
b. The second 10 installations?
c. The final 10 installations?

Reference no: EM13917446

Questions Cloud

What is the accounting break-even quantity : A project has the following estimated data: price = $64 per unit; variable costs = $42 per unit; fixed costs = $15,000; required return = 15 percent; initial investment = $28,000; life = four years. Ignoring the effect of taxes, what is the accountin..
Sale of an asset that is depreciable and used in business : A loss on the sale of an asset that is depreciable and used in business is ________; a loss on the sale of a non-depreciable asset is ________.
A job is known to have a learning percentage : A job is known to have a learning percentage equal to 82. If the first unit had a completion time of 20 hours, estimate the times that will be needed to complete the third and fourth units.
Filers capital structure weights on market value basis : Filer Manufacturing has 9 million shares of common stock outstanding. The current share price is $75, and the book value per share is $6. Filer manufacturing also has two bond issues outstanding. What are Filer's capital structure weights on a book v..
He estimates that the first job will take his crew eight : He estimates that the first job will take his crew eight days to install. How many days should the contractor budget for?
Average implied by the two outstanding debt issues : Filer Manufacturing has 8.4 million shares of common stock outstanding. The current share price is $54, and the book value per share is $5. Filer manufacturing also has two bond issues outstanding. Assume that the overall cost of debt is the weighted..
Considering expanding operations to meet growing demand : A corporation is considering expanding operations to meet growing demand. With the capital expansion, the current accounts are expected to change. Management expects cash to increase by $20,000, accounts receivable by $40,000, and inventories by $60,..
Estimate the time it will take to complete the fourth : Estimate the time it will take to complete the fourth unit of a 12 unit job involving a large assembly if the initial unit required approximately 80 hours for each of these learning percentages
An aircraft company has an order to refurbish the interiors : An aircraft company has an order to refurbish the interiors of 18 jet aircraft. The work has a learning curve percentage of 80. On the basis of experience with similar jobs, the industrial engineering department estimates that the first plane will..

Reviews

Write a Review

Operation Management Questions & Answers

  What is the overall trend in the performance

MountainMole Foods has decided to use the perfect order measurement approach to track its logistics performance. According to MountainMole, a perfect order is one that (1) is delivered on time, (2) arrives in one complete shipment, (3) arrives undama..

  World-class organization

Is it possible for a world-class organization to achieve superiority in all five major competitive priorities?

  Various wbs elements

The intent of this assignment is to acquaint you with the process associated with generating a recurring cost estimate for a project. You will not be held accountable for the "validity" of the cost estimates that you provide. However, you are en..

  Evaluate team success in managing the company

Evaluate your team's success in managing your company over the five rounds of the simulation. Your assessment should include some discussion in the areas associated with "Round Analysis" to include profit, margin, emergency loan, inventory, and st..

  Determine whether the hospitality industry stays ahead

With technology always advancing and changing, determine whether the hospitality industry stays ahead or lags behind with these advances/changes.

  Expalin in brief the histories of both of amazoncom and

write a six to eight 6-8 page paper in which youdescribe in brief the histories of both of amazon.com and yahoo.com and

  Enable the analysts to identify several feasible alternative

The purpose of requirements structuring is to: a. enable the analyst to gather information on what the system should do from as many sources as possible.

  Competitive ability of acquiring a surgical robot unit

Write a paper of 4-5 pages discussing the competitive ability of acquiring a surgical robot unit. In your paper, include the following information:

  What two issues should be addressed in qualifying potential

What two issues should be addressed in qualifying potential international suppliers? Why?

  Illustrate what are the risks also benefits associated

Illustrate what are the risks also benefits associated with this approach to IT planning. Provide some examples of each.

  Hypothetical group and development through four phases

Your assignment is to write a story about a hypothetical group and its development through the four phases. As an option, you can use a personal experience from your own life. Write a brief definition of each phase of group development and describe h..

  Calculate the overall return on investment of the project

Also calculate the overall return on investment of the project and then present a break-even analysis. At what point does breakeven occur?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd