Question: A new electronic component produced for an oil drill rig took 40 hours for the production of the first unit. If the production process has

A new electronic component produced for an oil drill rig took 40 hours for the production of the first unit. If the production process has an 85% learning rate, calculate the following:

a. The estimated time required to produce the first five units

b. The time estimate for producing the 25th unit

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