It cost Boeing approximately $119 million dollars to develop their latest aircraft. After studying the costs of developing the next few aircrafts, they estimated that the learning curve on the aircraft development is 80%. What will it cost Boeing to produce their 150th aircraft? Input your answer in $Millions up to 2 decimals. For example, if the answer is $33,240,000 then input 33.24.
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It cost Boeing approximately $119 million dollars to develop their latest aircraft. After studying the costs of developing the next few aircrafts, they estimated that the learning curve on the aircraft development is 80%. What will it cost Boeing to produce their 150th aircraft?
Input your answer in $Millions up to 2 decimals. For example, if the answer is $33,240,000 then input 33.24.
In order to get hired as an assembly line specialist, the applicant will have to show that they can perform their task in less than 5 minutes after 1000 tries. During the interview, the applicant was asked to perform their future job five times. The applicant was able to complete the task in 11.6 minutes and the company was to estimate their learning curve to be 90%. Given this information, how much time will the applicant take to perform the task a 1000th time?
Johnson Industries received a contract to develop high intensity transmitters for cell phone towers. Their first prototype cost $60117. They also estimated that their learning curve is 85%. Since this is experimental, they agreed to sell the next ten transmitters at cost to their client. How much should Johnson Industries charge their customers for their transmitters?
United assembly products (UAP) earned a subcontract to produce a sub-assembly for Honda. UAP was happy to get the contract but wanted to find out the average time to produce the sub-assembly. After looking at their data or the first five units, they found that the first part took 28 hours and the learning curve is 70%.What will be the average time for the 100 units?Can you show the work for each calculation?
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