=KIf Professor Laurie Macdonald takes 12 minutes to grade the first exam and follows an 80% learning curve then, usingtable Table E.3, the amount of time she requires to grade:a) the 25th exam4.26 minutes(round your response to two decimal places).(round your response to two decimal places).Learning Curve CoefficientsUnit Number (N)b) the first 10 exams1025UnitTime.385.26375%TotalTime5.58910.191minutesUnitTime477.35580%TotalTime6.31512.309UnitTime.583.47085%TotalTime7.11614.801- X

Given data is Time required for first unit = 12 minutes Learning curve = 80%

Answered: K If Professor Laurie Macdonald takes…

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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