Question: 4 Consider a process that makes high-end boards that get mounted on skateboards. The process starts with a unit cost of $13 for the first

4

Consider a process that makes high-end boards that get mounted on skateboards. The process starts with a unit cost of $13 for the first unit, i.e., c(1) = 13, and has a learning rate of LR = 0.90.

What will be the unit cost for the 256th unit?

ANSWER ________

5

Consider a process restringing tennis rackets. The process starts with a unit cost of $10 for the first unit, i.e., c(1) = 10, and a learning rate of LR = 0.9.

What will be the unit cost for the 35th unit?

ANSWER ________

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