Question: Johnson Industries received a contract to develop and produce four high-intensity long-distance receiver/transmitters for cellular telephones. The first took 2,000 labor hours and $39,000 worth

 Johnson Industries received a contract to develop and produce four high-intensity

Johnson Industries received a contract to develop and produce four high-intensity long-distance receiver/transmitters for cellular telephones. The first took 2,000 labor hours and $39,000 worth of purchased and manufactured parts; the second took 1,520 labor hours and $33,540 in parts; the third took 1,320 labor hours and $30,860 in parts; and the fourth took 1,125 labor hours and $28,170 in parts. Johnson was asked to bid on a follow-on contract for another dozen receiver per transmitter units. (Hint: There are two learning curves-one for labor and one for parts.) Use Exhibit 6.5 . o. Ignoring any forgetting factor effects, how many labor hours should Johnson estimate are needed for the additional 12 units? Note: Round your answer to the nearest whole number. b. How much should Johnson estimate the parts cost will be for the additional 12 units? Note: Round your onswer to the nearest dollar amount. Johnson Industries received a contract to develop and produce four high-intensity long-distance receiver/transmitters for cellular telephones. The first took 2,000 labor hours and $39,000 worth of purchased and manufactured parts; the second took 1,520 labor hours and $33,540 in parts; the third took 1,320 labor hours and $30,860 in parts; and the fourth took 1,125 labor hours and $28,170 in parts. Johnson was asked to bid on a follow-on contract for another dozen receiver per transmitter units. (Hint: There are two learning curves-one for labor and one for parts.) Use Exhibit 6.5 . o. Ignoring any forgetting factor effects, how many labor hours should Johnson estimate are needed for the additional 12 units? Note: Round your answer to the nearest whole number. b. How much should Johnson estimate the parts cost will be for the additional 12 units? Note: Round your onswer to the nearest dollar amount

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