Question: Learning-Curve Coefficients for 90% Learning Rate Unit Number (N) Unit Time Coefficient Total Time Coefficient 1 2 1.000 .900 .846 1.000 1.900 2.746 3 4

Learning-Curve Coefficients for 90% Learning RateLearning-Curve Coefficients for 90% Learning Rate

Learning-Curve Coefficients for 90% Learning Rate Unit Number (N) Unit Time Coefficient Total Time Coefficient 1 2 1.000 .900 .846 1.000 1.900 2.746 3 4 .810 5 .783 ..762 6 7 3.556 4.339 5.101 5.845 6.574 7.290 7.994 .744 .729 .716 .705 8 9 10 If the first unit of a production run takes 1 hour and the firm is on a 90% learning curve, how long will unit 100 take? Use the learning-curve coefficient approach to estimate the required time. Click the icon to view the learning-curve coefficients table for an 90% learning rate. Time to produce the 100th unit is hours (round your response to three decimal places)

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