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Author Question: A manager is trying to estimate the appropriate learning curve for a certain job. The manager notes ... (Read 55 times)

jeatrice

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Question 1

It took 60 hours to make the first unit of a product. After the second and third units were made, the learning curve was estimated to be 80%. At $10 per hour, estimate the labour bill for the fourth unit. (Use at least three decimals in the exponent if you use the logarithmic approach.)
◦ from $1800 to $2000
◦ over $2000
◦ $400 or less
◦ from $400 to $420
◦ from $420 to $440

Question 2

A manager is trying to estimate the appropriate learning curve for a certain job. The manager notes that the first four units had a total time of 30 minutes. Which learning curve would yield approximately this result if the first unit took 9 minutes? (Use Table E.3 cumulative coefficient.)
◦ 0.80
◦ 0.85
◦ 0.75
◦ 0.90
◦ 0.70


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Marked as best answer by jeatrice on Dec 3, 2019

meganmoser117

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jeatrice

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Reply 2 on: Dec 3, 2019
Wow, this really help


mochi09

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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