Question: a . Based on past experience, what is the learning rate? Note: Do not round intermediate calculations. Round your answer to the nearest whole percent.
a Based on past experience, what is the learning rate?
Note: Do not round intermediate calculations. Round your answer to the nearest whole percent.
b What bid should LTI submit for the total order of units, assuming that learning continues?
Note: Use your rounded learning rate from Part a Enter your answer in millions of dollars rounded to one decimal place.
c What is the cost expected to be for the last unit under the learning rate you estimated?
Note: Use your rounded learning rate from Part a Enter your answer in millions of dollars rounded to one decimal place.
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