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$4,031.00
$9,376.50
$10,000.00
13. You are a consultant called in to estimate the costs after the
employees learn how to do a job more efficiently by repetition of new
product. You find a company can produce a product the first time at a
cost of $5,000. If their 90 percent learning curve allows them to reduce
their costs on each unit, what is the total cost of producing 100 units of
the new product?
$290,700
$500,000
$390,000
$250,687
14. A material requirements planning system is an example of which of
the following scheduling systems?
Infinite loading, backward scheduling
Finite loading, backward scheduling
Infinite loading, forward scheduling
Finite loading, forward scheduling
15. Capacity planning that involves hiring, layoffs, some new tooling,
minor equipment purchases, and subcontracting is considered as which
one of the following planning horizons?
Long range
Current
Short range
Intermediate range
16. You want to determine the upper control line for a p-chart for quality
control purposes. You take several samples of a size of 100 items in
your production process. From the samples, you determine the fraction
defective is 0.05 and the standard deviation is 0.01. If the desired
confidence level is 99.7 percent, which of the following is the resulting
UCL value for the line?
0.39
0.06
0.08