Ee 46. A contractor is preparing a bid to install swimming pools at a new housing addition. Theestimated time to build the first pool is 31 hours. The contractor estimates an 80 percentlearning rate. Using POM for Windows or OM Explorer, how long do you estimate the timerequired to install the seventh pool?The time required to install the seventh pool is hours. (Enter your response rounded totwo decimal places.)What is your estimate of the total time for all seven pools?The total time for all seven pools is hours. (Enter your response rounded to twodecimal places.)

Given Time for 1st unit (T1) = 31 hoursLearning curve (L) = 80% or 0.8Unit to find Tn= 7

Answered: A contractor is preparing a bid to…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Question 1 You are given the following information about a wooden crate that is being shipped to by truck to the city of New York. Rate = $6.00/pounds w/m, Weight = 200 pounds; Dimensions: Length = 30 inches, Width = 40 inches, Height = 36 inches How much will the shipper be charged? $1200.00 $150.00 $200.00 $1500.00
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● ● In order to drum up business, Ms. Smith purchased seasons tickets for both the Senators and the Redblacks. Should Redblacks tickets be expensed? Yes or No Should Senators tickets be expensed? Yes or No ● The cost for the Senators tickets (2) for $1,500 each. Ms. Smith will take a client to every hockey game; she has not missed a game in over five years. The cost for the Redblacks tickets (4) for $350 each. The same goes for the Redblacks, she hasn't missed a game either and it's a family tradition for her, her spouse and their two nieces to attend the games together. Ms. Smith pays $75 a month for a storage locker that she has had for over 3 years. Everything in the storage locker was bequeathed to her from her great uncle. She has no use for the items, but she can't seem to let them go. Should storgae locker fee be claimed? If yes, how much Ms. Smith has a business bank account and the monthly banking fees associated with this account are $5 a month. ● Should banking fees be…
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