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The new Vice President for Operations at The Fresh Connection is looking to speed up setup times using SMED. The first setup using the new methods was successfully completed within 75 minutes. This was projected to improve according to a learning rate of 94 percent. On average, how long should it take to complete the first 5 setups

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Answer:

Correct Answer: 375 minutes

Explanation:

In the setup that was done, if it takes 75 minutes to setup one project,

The ratio of the one project to time of setup is:

[tex]\frac{1}{75}[/tex]

let the time for 5 project be X, then its ratio is:

[tex]\frac{5}{X}[/tex]

Therefore equating both sides,

[tex]\frac{1}{75}[/tex] = [tex]\frac{5}{X}[/tex],

X = 75 * 5

X = 375

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