Question: hello - Can the bold sections please be answered ? thank you Learning Rate If unit 1 requires 180 hours to produce and the labor
hello -
Can the bold sections please be answered ? thank you
Learning Rate If unit 1 requires 180 hours to produce and the labor records for a U.S. Space Force project of 50 units indicates an average labor content of 64.2 hours per unit, what was the learning rate? What total additional number of labor-hours would be required for a follow-on U.S. Space Force Contract of 150 units? What would be the average labor content (in hours) of this second contract?
Of both contracts combined? If labor costs the vendor $12/hour on this second contract and the price to the U.S. Space Force is fixed at $600 each, what can you say about the profitability of the first and second contracts, and hence the bidding process in general?
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