Question: Apple, Inc. is developing a new product (the iWhatever). Managers at Apple are interested in estimating the impact of learning on the cost of producing

Apple, Inc. is developing a new product (the iWhatever). Managers at Apple are interested in estimating the impact of learning on the cost of producing the iWhatever. They plan to use data from previous products, such as the iPod and the iPad, to estimate the learning parameter. What are the advantages of doing this? What are the disadvantages?

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