An engineering company has 80% learning effect and spends 1000 hours to produce 1 lot of the
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An engineering company has 80% learning effect and spends 1000 hours to produce 1 lot of the product. Estimate the labor cost of producing 8 lots of the product if the labour cost is Rs. 40 per hour.
Related Book For
Managerial Decision Modeling With Spreadsheets
ISBN: 9780136115830
3rd Edition
Authors: Nagraj Balakrishnan, Barry Render, Jr. Ralph M. Stair
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