A contractor is preparing a bid to install swimming pools at a new housing addition. The estimated time to build the first pool is 41 hours. The contractor estimates a 90 percent learning rate. Part 2 a. How long do you estimate the time required to install the second pool? enter your response here hours. (Enter your response rounded to two decimal places.)
A contractor is preparing a bid to install swimming pools at a new housing addition. The estimated time to build the first pool is 41 hours. The contractor estimates a 90 percent learning rate. Part 2 a. How long do you estimate the time required to install the second pool? enter your response here hours. (Enter your response rounded to two decimal places.)
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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A contractor is preparing a bid to install swimming pools at a new housing addition. The estimated time to build the first pool is
41
hours. The contractor estimates
a
90
percent learning rate.Part 2
a. How long do you estimate the time required to install the second pool?
enter your response here
hours. (Enter your response rounded to two decimal places.)Expert Solution
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How long do you estimate the time required to install the fourth pool?
enter your response here
hours. (Enter your response rounded to two decimal places.)
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