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Learning Curve, Probability, PERT
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I. LEARNING CURVEA particular manufacturing job is subject to an estimated 80% experience curve. The first unit required 20 labor hours to complete.Required:a. What is the cumulative average time per unit after four units are completed?b. What is the total time required to produce 2 units?c. How many hours are required to produce the second unit?
II. PROBABILITY ANALYSISSports Club sells cold sodas at FEU’s home basketball games. In the year 2014, the frequency of distribution of the demand for cups of sodas per day is presented below:
Sales volume in cups Frequency2000 48 days5000 80 days6000 144 days8000 32 days
10000 16 days360 days
Determine the 2015’s estimated daily demand for sodas at FEU’s home game using:a. Deterministic Approach (based on most likely event)b. Expected value approach
I. LEARNING CURVEA particular manufacturing job is subject to an estimated 80% experience curve. The first unit required 20 labor hours to complete.Required:a. What is the cumulative average time per unit after four units are completed?b. What is the total time required to produce 2 units?c. How many hours are required to produce the second unit?
II. PROBABILITY ANALYSISSports Club sells cold sodas at FEU’s home basketball games. In the year 2014, the frequency of distribution of the demand for cups of sodas per day is presented below:
Sales volume in cups Frequency2000 48 days5000 80 days6000 144 days8000 32 days
10000 16 days360 days
Determine the 2015’s estimated daily demand for sodas at FEU’s home game using:a. Deterministic Approach (based on most likely event)b. Expected value approach
III. GANTT CHART
SEP OCT NOV DEC
a. Which task is the longest in completion time?b. All task are being performed in what month?
IV. PERTThe construction firm schedule of activities and related expectation completion time are as follows:
Activities Description Estimated Time (in weeks)A-B Obtain on site work permits 2B-E Repair damages by vandals 8B-C Inspect const. materials 1C-E Order & receive materials 2C-D Apply for waiver 3D-E Obtain waiver 1E-F Perform electric work 5F-G Complete interior partitions 4
Required:a. Prepare the PERT Network for the projectb. Identify the critical path and its expected timec. Identify the shortest path and its slack time in weeks
III. GANTT CHART
SEP OCT NOV DEC
a. Which task is the longest in completion time?b. All task are being performed in what month?
IV. PERTThe construction firm schedule of activities and related expectation completion time are as follows:
Activities Description Estimated Time (in weeks)A-B Obtain on site work permits 2B-E Repair damages by vandals 8B-C Inspect const. materials 1C-E Order & receive materials 2C-D Apply for waiver 3D-E Obtain waiver 1E-F Perform electric work 5F-G Complete interior partitions 4
Required:a. Prepare the PERT Network for the projectb. Identify the critical path and its expected time
A
B
C
D
TASK
A
B
C
D
TASK
c. Identify the shortest path and its slack time in weeks