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 90%. They forgot to time their effort on the first bike, but spent 3 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 (response should be rounded to nearest 2nd decimal place) hours c) The total amount of hours to build the 8 units = (response should be rounded to nearest 2nd decimal place)

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 90%. They forgot to time their effort on the first bike, but spent 3 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 (response should be rounded to nearest 2nd decimal place) hours c) The total amount of hours to build the 8 units = (response should be rounded to nearest 2nd decimal place)

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 90%. They forgot to time their effort on the
first bike, but spent 3 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
(response should be rounded to nearest 2nd decimal place)
c) The total amount of hours to build the 8 units =
hours
(response should be rounded to nearest 2nd decimal place)

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