Question

The management of a factory finds that the maximum number of units a worker can produce...

The management of a factory finds that the maximum number of units a worker can produce in a day is 30. The learning curve for the number of units N produced per day after a new employee has worked for t days is modeled by N = 30 1 − ekt . After 19 days on the job, a worker is producing 18 units in a day. How many days should pass before this worker is producing 25 units per day? (Round your answer to one decimal place.)

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
On a monthly basis when a factory employs L worker-hours of labor, they can produce Q(L)...
On a monthly basis when a factory employs L worker-hours of labor, they can produce Q(L) = 7L + 40L1/6 - 1 scooters. An investment in labor of K dollars gives them an employment level of L(K) = 0.055K - 12,500/K worker-hours. a. The factory currently invests 2,000 dollars in labor. At what rate is the number of scooters being produced changing with respect to the amount they invest in labor. Round your final answer in 2 decimal places and...
The Friendly Sausage Factory (FSF) can produce hot dogs at a rate of 5,000 per day....
The Friendly Sausage Factory (FSF) can produce hot dogs at a rate of 5,000 per day. FSF supplies hot dogs to local restaurants at a steady rate of 270 per day. The cost to prepare the equipment for producing hot dogs is $66. Annual holding costs are 45 cents per hot dog. The factory operates 291 days a year. a. Find the optimal run size. (Do not round intermediate calculations. Round your answer to the nearest whole number.)    Optimal...
LeBron Factory Number of Workers Number of Machines Output (chairs produced per hour) Marginal Product of...
LeBron Factory Number of Workers Number of Machines Output (chairs produced per hour) Marginal Product of Labor Cost of Workers Cost of Machines Total Cost ?1 ?2 ?5 ?2 ?2 ?10 ?3 ?2 ?20 ?4 ?2 ?35 ?5 ?2 ?55 ?6 ?2 ?70 ?7 ?2 ?80 Refer to Table above. First, complete the missing information in the Table above.   1.Each worker at the LeBron Chair Factory costs $12 per hour. The cost of each machine is $20 per day regardless...
11.) England and Scotland can both produce scones and sweaters. Suppose that an English worker can...
11.) England and Scotland can both produce scones and sweaters. Suppose that an English worker can produce 50 scones per hour or 1 sweater per hour. Suppose that a Scottish worker can produce 40 scones per hour or 2 sweaters per hour. (Draw a diagram of the two production possibilities frontiers in the space below if that would help you to answer the following questions.) a.) Which country has a lower opportunity cost in producing sweaters? (England/Scotland) (2 points) b.)...
Champions Ltd is a manufacturer of rowing boats. It has designed a new boat called the...
Champions Ltd is a manufacturer of rowing boats. It has designed a new boat called the Drifter 25 and expects to produce the Drifter 25 in a continuous operation over an 18 month period. During this period, it is expected that a total of sixteen Drifter 25’s will be produced and sold. The production of the Drifter 25 is a labour intensive operation and units are produced one after another. The costs of producing the first Drifter 25 are as...
Harper Ltd is a manufacturer of rowing boats. It has designed a new boat called the...
Harper Ltd is a manufacturer of rowing boats. It has designed a new boat called the Seafarer and expects to produce the Seafarer in a continuous operation over an 18 month period. During this period, it is expected that a total of sixteen Seafarer’s will be produced and sold. The production of the Seafarer is a labour intensive operation and units are produced one after another. The costs of producing the first Seafarer are as follows: Skilled Labour – 1,000...
Inventory Management 1. Ayo is the Purchasing Officer for a company that assembles desktop computers. The...
Inventory Management 1. Ayo is the Purchasing Officer for a company that assembles desktop computers. The computers come with 4 to 6 USB ports. The annual demand for the computers is 600 units. The cost of each computer is $1700, and the inventory carrying cost is estimated to be 10% of the cost of each computer. Ayo has made a study of the costs involved in placing an order and has concluded that the average ordering cost is $50.00 per...
Subject: Human Resource Management Main question: Which benefit plans would you choose, and which wouldn't you...
Subject: Human Resource Management Main question: Which benefit plans would you choose, and which wouldn't you choose and give reasons why you would or would not want a benefit that were used in making the benefit selections (specially at at entry level making $30000). PROCEDURES: Assume that you recently graduated from college and are just starting a new job at a large firm. You will be receiving a starting net pay (net of all taxes and mandatory deductions) of $30,000....
In economics, the term “scarcity”meansthere .
In economics, the term “scarcity”meansthere                    .is a shortage of the factors ofproductionis equilibrium in themarketare unlimited wants and only limitedresourcesare limited wants and unlimitedresourcesA country has an absolute advantage in producing cars ifthat country                    .has a lower opportunity cost of producing cars than any othercountrycan produce more cars in a given amount of time than any othercountryhas a higher opportunity cost of producing cars than any othercountrycharges the highest price forcarsDuring bad economic times, many people lose their jobs. How would that...
1?Basic factors of production available to a society are * A. natural resources, labor and capital....
1?Basic factors of production available to a society are * A. natural resources, labor and capital. * B. natural resources, labor and money. * C. labor, money and environment. * D. natural resources, money and infrastructure. 2?Total cost is * A. the sum of total fixed cost and total variable cost. * B. increasing with output. * C. equal to total fixed cost when production level is zero. * D. all the above true. 3?Suppose a certain firm is able...