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.)
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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