Question: answer. (a-d) Problem 2 A product that is very labor intensive assembled at Boyds Aero Structure in Memphis has an average labor cost of $20

answer. (a-d)

Problem 2 A product that is very labor intensive assembled at Boyds Aero Structure in Memphis has an average labor cost of $20 hr. Overhead expenses are charged at 100% of labor at this company. Time for the very first unit- 10 hours Time for the fourth unit-8.1 hours. a) Calculate the learning curve percentage for this operation b) What is the cumulative time for 100 units to be made c) What is the labor cost and overhead cost for the 500-th unit? d) What is the learning curve exponent if the learning curve percentage is 80%

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