HBI inc. seeks to schedule manual labor for 18 new homes being constructed. Historical data leads...
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HBI inc. seeks to schedule manual labor for 18 new homes being constructed. Historical data leads HBI to apply a 92% learning curve rate to the manual labor portions of the project. If the first home requires 3,500 manual labor hours to build, estimate the time required to build: a. The fifth house b. The tenth house C. All 18 houses. d. What would the manual labor estimate be for all 18 of the HBI houses in the problem above if the learning curve rate is (1). 70% (2) 75% and (3) 80%? Note: Use excels spreadsheet and report the spreadsheet in your answers. HBI inc. seeks to schedule manual labor for 18 new homes being constructed. Historical data leads HBI to apply a 92% learning curve rate to the manual labor portions of the project. If the first home requires 3,500 manual labor hours to build, estimate the time required to build: a. The fifth house b. The tenth house C. All 18 houses. d. What would the manual labor estimate be for all 18 of the HBI houses in the problem above if the learning curve rate is (1). 70% (2) 75% and (3) 80%? Note: Use excels spreadsheet and report the spreadsheet in your answers.
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To estimate the time required to build the houses using the learning curve rate we can utilize the f... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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