GMS 401 Midterm: Determining Unit Times Using Formula

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 401
• Professor: Fatemeh Firouzi

Document Summary

There are two ways to obtain the unit imes: formula, table of values, formula approach. Is based on the existence of a linear relaionship between the ime per unit and the number of units produced when these two variables are expressed in logarithms. B = ln (learning percentage/ 100) ln2. A job is known to have a learning percentage of 80 percent. If the irst unit took 10 hours, esimate the followings: number of hours required to process the 4th unit, total ime required to process the irst four units, average ime to process the irst four units. Now, igure out what b is equal to. b= ln (80/100)/ln2= -0. 1548. Next, now that you have all the missing parts to the equaion solve for t4. Therefore, the number of hours to process the 4th unit would be about 8 hours: you know that t1 is equal to 10 hours and t4 is equal to 8. 07 hours.