Semetic Inc. Had developed a new product for marine ships that includes the production of a complex part, the production of this part requires a high degree of technical skill. Management believes there is a good opportunity for its technical force to learn and improve as they become accustomed to rhe production process. This production of the first unit requires 11500 direct labour hours and if an 82% learning curve is used and 4 units are to be produced, the cumulative direct labour hours required per unit of the product will be ?
Semetic Inc. Had developed a new product for marine ships that includes the production of a complex part, the production of this part requires a high degree of technical skill. Management believes there is a good opportunity for its technical force to learn and improve as they become accustomed to rhe production process. This production of the first unit requires 11500 direct labour hours and if an 82% learning curve is used and 4 units are to be produced, the cumulative direct labour hours required per unit of the product will be ?
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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Semetic Inc. Had developed a new product for marine ships that includes the production of a complex part, the production of this part requires a high degree of technical skill. Management believes there is a good opportunity for its technical force to learn and improve as they become accustomed to rhe production process. This production of the first unit requires 11500 direct labour hours and if an 82% learning curve is used and 4 units are to be produced, the cumulative direct labour hours required per unit of the product will be ?
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