Find the average time per unit required to produce the first 35 units, if the slope parameter of the learning rate is 85% and the first unit takes 448 hours. Choose the correct answer below. OA. C35 0.551 hours per unit OB. C35 246.958 hours per unit OC. C35-8,644 hours per unit OD. C35-192.078 hours per unit

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
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Chapter8: Cost Analysis
Section: Chapter Questions
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KE
23
ei
Wa
ps
Find the average time per unit required to produce the first 35 units, if the slope parameter of the learning rate is 85% and the first unit
takes 448 hours
Choose the correct answer below.
OA. C35 -0.551 hours per unit
OB. C35 246.958 hours per unit
OC. C35-8,644 hours per unit
OD. C35-192.078 hours per unit
Transcribed Image Text:KE 23 ei Wa ps Find the average time per unit required to produce the first 35 units, if the slope parameter of the learning rate is 85% and the first unit takes 448 hours Choose the correct answer below. OA. C35 -0.551 hours per unit OB. C35 246.958 hours per unit OC. C35-8,644 hours per unit OD. C35-192.078 hours per unit
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