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a) The 1st unit = hours (round your response to two decimal places). b) The 8th unit-hours (round your response to two decimal places). c) The total amount of hours to build the 8 units hours (round your response to two decimal places).

a) The 1st unit = hours (round your response to two decimal places). b) The 8th unit-hours (round your response to two decimal places). c) The total amount of hours to build the 8 units hours (round your response to two decimal places).

Practical Management Science
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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Girish Shambu and Delores Reisel are teammates at a discount store; their new job is assembling bicycles for customers. Assembly of a bike has a learning rate of 75%. They forgot to time their effort on the first bike, but spent 5 hours on the second. They have 6 more bikes to do. Determine approximately how much time will be (was) required for: a) The 1st unit= hours (round your response to two decimal places). b) The 8th unit-hours (round your response to two decimal places). c) The total amount of hours to build the 8 units-hours (round your response to two decimal places).
Transcribed Image Text:Girish Shambu and Delores Reisel are teammates at a discount store; their new job is assembling bicycles for customers. Assembly of a bike has a learning rate of 75%. They forgot to time their effort on the first bike, but spent 5 hours on the second. They have 6 more bikes to do. Determine approximately how much time will be (was) required for: a) The 1st unit= hours (round your response to two decimal places). b) The 8th unit-hours (round your response to two decimal places). c) The total amount of hours to build the 8 units-hours (round your response to two decimal places).
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