Question: Make sure you use Excel please After reading Chapter 18, use Learning Curve Analysis to solve the following two (2) part problem (in Excel) :

Make sure you use Excel please

After reading Chapter 18, use Learning Curve Analysis to solve the following two (2) part problem (in Excel) :

A manufacturer of diesel locomotives needs 50,000 hours to produce the first unit. Based on past experience with

similar products, you know that the rate of learning is 80 percent.

(1) Estimate the direct labor required for the 40th diesel locomotive and (2) the cumulative

average number of labor hours per unit for the first 40 units.

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