Question: A process has an initial cost per unit of $100 and an expected learning rate of 0.95. Use Table 6.4. Estimate the cost of producing

A process has an initial cost per unit of $100 and an expected learning rate of 0.95. Use Table 6.4.

Estimate the cost of producing 100 units using this process.

Note: Round your answer to 2 decimal places.

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