Suad​ Alwan, the purchasing agent for Dubai​ Airlines, has determined that the third plane took 20,000 hours to produce. Using an 80​% learning curve and a $40​-per-hour labor​ charge, he wants to determine the cost of the four additional planes.   a) Time required for the fourth unit = 18,231 hours b) Cost of the fourth unit = ? dollars (round to the nearest whole number)

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter4: Linear Programming Models
Section: Chapter Questions
Problem 111P
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Suad​ Alwan, the purchasing agent for Dubai​ Airlines, has determined that the third plane took 20,000 hours to produce. Using an 80​% learning curve and a $40​-per-hour labor​ charge, he wants to determine the cost of the four additional planes.  

a) Time required for the fourth unit = 18,231 hours

b) Cost of the fourth unit = ? dollars (round to the nearest whole number)

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Given details:

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Given details:
Time taken for Third plane (Hour) 20000
Learning curve 80%
Labor charge (Per Hour)  $                                         40

 

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c) Time required for the sixth unit = ?

d) Cost of the sixth unit = ?

 

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d) Cost of the fifth unit = ?  (round your response to the nearaest whole number.

(How do I find the calculation for this question?)

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Follow-up Question

c)Time required for the fifth unit​ = ? enter your response here hours​ (round your response to the nearest whole​ number).

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Follow-up Question

c) Time required for the fifth unit​ = ? hours​ (round your response to the nearest whole​ number).

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