Richard Dulski's firm is about to bid on a new radar system. Although the product uses new technology, Dulski believes that a learning rate of 85% is appropriate. The first unit is expected to take 620 hours, and the contract is for 18 units. a) The total amount of hours to build the 18 units = hours (round your response to the nearest whole number). b) The average time to build each of the 18 units hours (response should be rounded to nearest 2nd decimal place) c) If a worker works 2,000 hours per year, the number of workers required to complete (response should be rounded to nearest 2nd decimal place) contract in a year = workers

Richard Dulski's firm is about to bid on a new radar system. Although the product uses new technology, Dulski believes that a learning rate of 85% is appropriate. The first unit is expected to take 620 hours, and the contract is for 18 units. a) The total amount of hours to build the 18 units = hours (round your response to the nearest whole number). b) The average time to build each of the 18 units hours (response should be rounded to nearest 2nd decimal place) c) If a worker works 2,000 hours per year, the number of workers required to complete (response should be rounded to nearest 2nd decimal place) contract in a year = workers

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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