A contractor is preparing a bid to install swimming pools at a new housing addition. The estimated time to build the first pool is 4141 hours. The contractor estimates aa 6060 percent learning rate. Part 2 a. How long do you estimate the time required to install the second pool? 24.60 hours. (Enter your response rounded to two decimal places.) Part 3 b. 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.)
A contractor is preparing a bid to install swimming pools at a new housing addition. The estimated time to build the first pool is 4141 hours. The contractor estimates aa 6060 percent learning rate. Part 2 a. How long do you estimate the time required to install the second pool? 24.60 hours. (Enter your response rounded to two decimal places.) Part 3 b. 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.)
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
4141
hours. The contractor estimates
aa
6060
percent learning rate.Part 2
a. How long do you estimate the time required to install the second pool?
24.60
hours. (Enter your response rounded to two decimal places.)Part 3
b. 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.)Expert Solution
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