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 = 24400 hours. Number of Boats 4 5 6 7 8 Total Time 75% Learning Rate 17971 21099 23999 26719 ...
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 = 24400 hours. Number of Boats 4 5 6 7 8 Total Time 75% Learning Rate 17971 21099 23999 26719 ...
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
![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 = 24400 hours.
Number of Boats
4
5
6
7
8
Total Time
75% Learning Rate
17971
21099
23999
26719](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd04645ef-6cf6-4d1b-a92f-7bdee3700327%2Ffd4c94cc-0e58-45cd-84c6-2f7384e10ee7%2Fs2j40d_processed.jpeg&w=3840&q=75)
Transcribed Image Text: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 = 24400 hours.
Number of Boats
4
5
6
7
8
Total Time
75% Learning Rate
17971
21099
23999
26719
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