Suad Alwan, the purchasing agent for Dubai Airlines, has determined that the third plane took 20,000 hours to produce. Using an 80% learning curve and a $40-per-hour labor charge, he wants to determine the cost of the four additional planes. a) Time required for the fourth unit = 18,231 hours b) Cost of the fourth unit = ? dollars (round to the nearest whole number)
Suad Alwan, the purchasing agent for Dubai Airlines, has determined that the third plane took 20,000 hours to produce. Using an 80% learning curve and a $40-per-hour labor charge, he wants to determine the cost of the four additional planes.
a) Time required for the fourth unit = 18,231 hours
b) Cost of the fourth unit = ? dollars (round to the nearest whole number)
Find the Given details below:
Given details: | |
Time taken for Third plane (Hour) | 20000 |
Learning curve | 80% |
Labor charge (Per Hour) | $ 40 |
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c) Time required for the sixth unit = ?
d) Cost of the sixth unit = ?
d) Cost of the fifth unit = ? (round your response to the nearaest whole number.
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c)Time required for the fifth unit = ? enter your response here hours (round your response to the nearest whole number).
c) Time required for the fifth unit = ? hours (round your response to the nearest whole number).