Chartwell Manufacturing received a quotation for 100 brand new gaskets manufactured using a new technology from JMK Solutions. It took JMK 30 minutes to manufacture the first gasket. The process involved 75% machine labor and 25% hand labor. Considering Learning Curve analysis, how long will it take to make the 100th gasket and how many labour hours should the supplier be quoted per unit?

Answer rating: 100% (QA)

To solve this problem we will use the concept of Learning Curve which is a mathematical model that describes how the time per unit decreases as more units are produced typically because workers become ... View the full answer