The cumulative average labor hours to assemble the first five units of product A was 15.554 hours. If the learning curve, based on the previous experience with similar products, is 85%, what is the estimated time (labor hours) that will be required to assemble the 19th unit? The number of labor hours required to assemble the 19th unit is hours. (Round to one decimal place.)

The cumulative average labor hours to assemble the first five units of product A was 15.554 hours. If the learning curve, based on the previous experience with similar products, is 85%, what is the estimated time (labor hours) that will be required to assemble the 19th unit? The number of labor hours required to assemble the 19th unit is hours. (Round to one decimal place.)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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