Question

A manager wants to determine an appropriate learning percentage for processing insurance claims for storm damage. Toward that end, times have been recorded for completion of each of the first six repetitions:
Repetition 1 2 3 4 5 6
Time (minutes) 46 39 35 33 32 30
a. Determine the approximate learning percentage. (Round your answer to the nearest whole percent. Omit the "%" sign in your response.)
P %
b. Using your answer from part a, estimate the average completion time per repetition assuming a total of 30 repetitions are planned. (Round your answer to 3 decimal places.)

Answer 1

Answer:

Step-by-step explanation:

The approximate learning percentage can be estimated by using a doubling method.

If we breakdown the repetitions into three consecutive parts, we have:

1 - 2

2 - 4

3 - 6

then

1 - 2        →         46P = 39

P =39/46

P = 0.8478

P = 84.8%

2 - 4        →       39P = 33

P = 33/39

P = 0.84615

P = 84.6%

3  -  6    →       35P = 30

P = 30/35

P = 0.8571

P = 85.7%

The average value of P = (84.8 + 84.6 + 85.7)/3 = 85.03%

$\simeq$ 85%

From the tables of Learning Curves coefficient

The values are likened against times derived from 85% table factors at T$_1$ = 46

Unit                 1                2           3                    4                5            6

Date                46            39         35                33                32          30

Computed       -              39.1       35.56          33.26        31.56       30.22

b. Using your answer from part a, estimate the average completion time per repetition assuming a total of 30 repetitions are planned. (Round your answer to 3 decimal places.)

The average completion time = $\mathtt{\dfrac{T_1 \times \ Total \ time\ factor}{n}}$

At the total time factor 30, from the learning curves table , n(30) = 17.091

Thus:

The average completion time = $\mathtt{\dfrac{46 \times \ 17.091}{30}}$

The average completion time = $\mathtt{\dfrac{786.186}{30}}$

The average completion time = $\mathtt{26.2062}$