The Department of the Navy estimates that the learning rate for shipbuilding is 80%.Assuming the 80% rate applies to nuclear submarines, how long should it take to build the 12th vessel, if the first one took 62 months to complete? 9:19 AM Sun 10 Sep<=ÛSHIE255; HW#11◊◊T‡5|Q11.6.The Department of the Navy estimates that the learning rate for shipbuilding is 80%.Assuming the 80% rate applies to nuclear submarines, how long should it take to build the12th vessel, if the first one took 62 months to complete?97%2 out of 3

Answered: The Department of the Navy estimates…

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The Department of the Navy estimates that the learning rate for shipbuilding is 80%. Assuming the 80% rate applies to nuclear submarines, how long should it take to build the 12th vessel, if the first one took 62 months to complete?

9:19 AM Sun 10 Sep
<=Û
SH
IE255; HW#11
◊◊T‡5
|Q11.6.
The Department of the Navy estimates that the learning rate for shipbuilding is 80%.
Assuming the 80% rate applies to nuclear submarines, how long should it take to build the
12th vessel, if the first one took 62 months to complete?
97%
2 out of 3

Expert Solution

Step 1: Determine the problem

Learning rate = 80%

Time taken by first ship to build = 62 months

Cumulative units of production = 12

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