1. Rose is a project manager at the civil engineering consulting firm. She has been collecting data on a project in which concrete pillars were being constructed; however not all the data are available. She has been able to find out that the 10th pillar required 300 person-hours to construct and that a 70% learning curve applied. She is interested in calculating the time required to construct the 1st and 20th pillars. Compute the values for her.
1. Rose is a project manager at the civil engineering consulting firm. She has been collecting data on a project in which concrete pillars were being constructed; however not all the data are available. She has been able to find out that the 10th pillar required 300 person-hours to construct and that a 70% learning curve applied. She is interested in calculating the time required to construct the 1st and 20th pillars. Compute the values for her.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![1. Rose is a project manager at the civil engineering consulting firm. She has been collecting data on a project
in which concrete pillars were being constructed; however not all the data are available. She has been able to
find out that the 10th pillar required 300 person-hours to construct and that a 70% learning curve applied. She
is interested in calculating the time required to construct the 1st and 20th pillars. Compute the values for her.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5bbc1593-fa0b-47cc-b65c-3df8b16301c5%2F89cc11ae-1fb1-4712-9c6e-2b755d779ede%2Fswbh61.jpeg&w=3840&q=75)
Transcribed Image Text:1. Rose is a project manager at the civil engineering consulting firm. She has been collecting data on a project
in which concrete pillars were being constructed; however not all the data are available. She has been able to
find out that the 10th pillar required 300 person-hours to construct and that a 70% learning curve applied. She
is interested in calculating the time required to construct the 1st and 20th pillars. Compute the values for her.
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