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1)will save this response. uestion 4 At a learning curve rate of 70%, estimate the time in hours required to assemble production unit number 59 given that the first production unit required 90 hours to assembl.
2)Mr. Nasser wants to do a cost estimation for building a small shed near his farm house in Shahama. Use the following resource and unit cost factor to help Mr. Nasser. 1. Direct Labor: 62 days at AED 220 per day. 2. Material : 336 Kg of L section for roof trusses at AED 58 per kg 3. Material: 120 numbers of roofing sheet at AED 40 per sheet 4. Material: 43.1 liters of paint at AED 76 per liter
3)Moving to another question will save this response. Questions of 6 Questions 10 points Save As Use a combined cost index and the power-sizing cost estimating model to estimate the current cost of a piece of equipment that has 40% more capacity than a similar piece of equipment that cost AED 25,249 five years ago. The appropriate power-sizing exponent for this type of equipment is 04, the cost index of the equipment five years ago is 225 and current cost index is 325,
4)At a learning curve rate of 70%, estimate the time in hours required to assemble production unit number 68 given that the first production unit required 91 hours to assemble.
1)
Learning curve rate = 70% or 0.70
Time required to assemble first unit (T1) = 90 hours
Calculate the time required to assemble 59th unit -
T59 = T1(nb)
T59 = 90(59)log0.70/log2
T59 = 90[59]-0.515
T59 = 90 * 0.1225
T59 = 11.025
Thus,
The hours required to assemble unit number 59 is 11.025 hours.
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3)Current cost of the piece of equipment = cost of equipment before 5 years)* (index of today/index before 5 years)*(capacity required today/capacity before 5 years)^.4
Current cost of the piece of equipment = 25249*(325/225)*(1.4/1)^.4
Current cost of the piece of equipment = AED 41725
