Activity 2 A manufacturing job is subject to an estimated 80% learning curve. The first unit required 30 labor hours to complete. Required: a. What is the cumulative average time per unit after four units are completed? b. What is the total time required to produce two units? c. How many hours are required to produce the second unit?
Activity 2 A manufacturing job is subject to an estimated 80% learning curve. The first unit required 30 labor hours to complete. Required: a. What is the cumulative average time per unit after four units are completed? b. What is the total time required to produce two units? c. How many hours are required to produce the second unit?
Chapter8: Production And Costs
Section8.4: Costs Of Production: Total, Average, Marginal
Problem 1ST
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Act 2-
![Activity 2
A manufacturing job is subject to an estimated 80% learning curve. The first unit required 30 labor
hours to complete.
Required:
a. What is the cumulative average time per unit after four units are completed?
b. What is the total time required to produce two units?
c. How many hours are required to produce the second unit?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2888c610-2ccd-4ea6-bfd4-2ca549f73e3d%2Fc5ce44c9-b981-4175-b323-32f0bc828bdf%2Firfkgra_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Activity 2
A manufacturing job is subject to an estimated 80% learning curve. The first unit required 30 labor
hours to complete.
Required:
a. What is the cumulative average time per unit after four units are completed?
b. What is the total time required to produce two units?
c. How many hours are required to produce the second unit?
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