Question: A contractor is preparing a bid to install swimming pools at a new housing addition. The estimated time to build the first pool is 35

A contractor is preparing a bid to install swimming pools at a new housing addition. The estimated time to build the first pool is 35 hours. The contractor estimates an 85 percent learning rate, without using the computer.
a. How long do you estimate the time required to install the second pool?
b. How long do you estimate the time required to install the fourth pool?

Step by Step Solution

★★★★★

3.37 Rating (163 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

TnT1nb where T1 is the amount of time req... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

227-B-M-L-S-C-M (828).docx

120 KBs Word File

Students Have Also Explored These Related Management Leadership Questions!

A company is performing on an 85 percent learning curve. If the first unit requires 620 hours, how much time will be required for the 300th unit?

A building contractor is preparing a bid on a new construction project. Two other contractors will be submitting bids for the same project. Based on past bidding practices, bids from the other...

The G&E Company is preparing a bid to build the new 47,000 seat Greendale baseball stadium. The construction must start July 1, 2011, and be completed in time for the start of the 2014 season. A...

please answer and explain I got this wrong 2B Score: 0 of 1 pt 9 of 18 Problem 21 A contractor is preparing a bid to install swimming pools at a new housing addition. The estimated time to build the...

Dr Ouakowic is an orthodontist. She estimates that adding two new chans wil grands by $15.000, nuding the annual guvencost of the capital investment and they one more than the expected to bring n...

Founded in 1970, ABC is one of the world's largest in companies with concours Given the blowing description, fowchart the new poly pro Individual customers who wanted to set up a new policy wou visit...

Homework 1 An initial time study was done on a process with the following results ( in minutes ) . Based on the data obtained so far, assuming an allowance of 2 0 percent of the normal time, what do...

A contractor is preparing a bid to install swimming pools at a new housing addition. The estimated time to build the first pool is 34 hours. The contractor estimates an 80 percent learning rate....

A contractor is preparing a bid to install swimming pools at a new housing addition. The estimated time to build the first pool is 38 hours. The contractor estimates a 75 percent learning rate. Using...

URGENT!! PLEASE HELP!! A contractor is preparing a bid to install swimming pools at a new housing addition. The estimated time to build the first pool is 31 hours. The contractor estimates a 75...

What roles do international product supports play in reaching target markets?

3. Which of the following are not included in the word count? i. Footnotes ii. Cover Sheet ii. Reference List iv. Appendices Ans: O i and ii only Oi, i and i O i, ii and iv O i, ii, i and iv

receipt are given for each investment. Which purchase recommendations would you make, assuming that Tom can eam 1 0 % on his investments? Click the icon to see the Worked Solution ( Formula Solution...

Explain the provisions of the Payment of Bonus Act, 1965 regulating the payment of bonus by new establishment. (Ref. para-23.14)

Rob Carltons golf camp estimates the following workforce requirements for its services over the next two years. Each certified instructor puts in 480 hours per quarter regular time and can work...

Gretchens Kitchen is a fast-food restaurant located in an ideal spot near the local high school. Gretchen Lowe must prepare an annual smiling plan. The only menu Items are hamburgers, chili, soft...

Suppose X1, ..., Xn are iid random vectors from No(u, E) with E being known and positive definite. Our interest is to make inference on the unknown vector /. Suppose our interest is to test Ho : M =...

Please help me with this statistics problem. I don't know how to answer it. 1. (30 points) Let Yl, ..., Yn be i.i.d. samples from the density function kyk-1 fo(y) = Ak 10 2 is a positive integer. (a)...

Caterpillar, Inc CNH Global 2014 2013 2012 2013 Profit Margin 7.09% 7.19% 9.01% 8.22% I have performed DuPont analysis on Caterpillar Inc. and its closest competitor, CNH Global. Your analysis should...