a) the 25th exam minutes

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...
icon
Related questions
Question
K
If Professor Laurie Macdonald takes 12 minutes to grade the first exam and follows an 80% learning curve then, using
table Table E.3, the amount of time she requires to grade:
a) the 25th exam
minutes
(round your response to two decimal places).
Learning Curve Coefficients
Unit Number (N)
10
25
Unit
Time
.385
.263
75%
Total
Time
5.589
10.191
Unit
Time
.477
.355
80%
Total
Time
6.315
12.309
Unit
Time
.583
.470
85%
Total
Time
7.116
14.801
X
Transcribed Image Text:K If Professor Laurie Macdonald takes 12 minutes to grade the first exam and follows an 80% learning curve then, using table Table E.3, the amount of time she requires to grade: a) the 25th exam minutes (round your response to two decimal places). Learning Curve Coefficients Unit Number (N) 10 25 Unit Time .385 .263 75% Total Time 5.589 10.191 Unit Time .477 .355 80% Total Time 6.315 12.309 Unit Time .583 .470 85% Total Time 7.116 14.801 X
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.