Page Layout Insert Formulas Data Review View Home $ 84,000 per unit of RS-32 4,400 direct manufacturing labor hours 85% cumulative average time 27 per direct manufacturing labor-hour 13 per direct manufacturing labor-hour 1 Direct material cost 2 Direct manufacturing labor time for first unit 3 Learning curve for manufacturing labor time per radar system 4 Direct manufacturing labor cost 5 Variable manufacturing overhead cost In 0.85 7 PUsing the formula (p 390), for an 85% learning curve, b = In 2 -0.162519 -0.234465 0.693147

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Management by Exception

A manager’s job is a very tough one. A manager needs to look at the various areas of work and as a manager he has to look after two or more important jobs or activities at the same time for the growth of the business. In order to do all these things in an effective manner, a manager must adopt or practice different management styles and tactics.