Question: A company has expanded its business to include the assembly of sewing machines. The 3rd sewing machine took 75 hours to be assembled and
A company has expanded its business to include the assembly of sewing machines. The 3rd sewing machine took 75 hours to be assembled and the 12th sewing machine took 59 hours. Based on the learning curve equation and a labour cost of $95/hour, the estimated cost of the 20th sewing machine is close to: (11) a) $7232 b) $3243 c) $4258 d) $5136
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