Question: Assuming a 70% learning curve using the Wright model, if the cumulative average cost of the first 100 units = $1000, what would be the

Assuming a 70% learning curve using the Wright

Assuming a 70% learning curve using the Wright model, if the cumulative average cost of the first 100 units = $1000, what would be the estimated total cost for the batch of units 101 to 200? Assume that future production follows the 70% learning rate. Pick a range below that includes the correct number. (Calculators are not required to answer this question.) A) $30,000-$45,000 B) $50,000-$70,000 C) $80,000-$100,000 D) $110,000-$140,000 E) There is not sufficient information to calculate the batch cost

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