Question: please solve by hand not excel 18. (5 pts) It is known that a learning curve is applicable to the production of a particular product

please solve by hand not excel

18. (5 pts) It is known that a learning curve is applicable to the production of a particular product A. It takes 100 hours to produce the first item, 81 hours to produce the fourth item, and 65.61 hours to produce the sixteenth item. (a) What is the percent learning rate? (3 pts) (b) What is the amount of time needed to produce the twenty seventh item? (2 pts) Inn Hint: Y = Y, klo18," = Yk in 2 Y1 is the total amount of time to produce the first unit Yn is the total amount of time to produce the nth unit k is the percent learning rate

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Hello, I need help with a homework problem due tomorrow night that I've gotten behind completing. I have attached Course Reading for the week for background information, assignment prompt, and the...

Question 2: The Robinson-Patman Act: (a) Forbids price reductions (b) Does not forbid discriminatory and preferential prices (c) Does not allow a firm to meet an equally low price (d) Applies to...

Question 1 1 pts Managerial accounting: Managerial accounting: has its primary emphasis on the future. is required by regulatory bodies such as the SEC. focuses on the organization as a whole, rather...

I noticed the following questions have already been asked, you can prob use the existing questions and answers and send them to me. Would that work? 1. (Points: 1) The cash budget must be prepared...

1. The cash budget must be prepared before you can complete the: a. production budget. b. budgeted balance sheet. c. raw materials purchases budget. d. schedule of cash disbursements. 2. Which of the...

Question 5: taxes are allowable. (a) Federal income (b) State and local income (c) Special assessments on land which represent capital improvements (d) Excess profit (e) None of the above Question 6:...

London School of Science & Technology Qualification Unit number and title BTEC Level 5 HND Diploma Business UNIT 6: Business Decision Making Student name and ID number Assessor name Al Hassan Barrie...

Lecture Notes DL MGT 5100 - Distribution Management Spring 2017 1.0. Day one, Monday, Monday, 9 Jan 17 1.1. Reading Assignments: Chapters 1 and 2 1.1.1. I intend to follow the book so as to provide a...

As stated in the chapter, annuity payments are assumed to come at the end of each payment period (termed an ordinary annuity). However, an exception occurs when the annuity payments come at the...

After a recent visit to the ophthalmologist, a Blue Cross Blue Shield of Michigan member received her Explanation of Benefit Payments statement and noticed something odd. She saw services listed that...

Authoritative standards ( within the context of a standard cost system ) are determined primarily by . Negotiation. Dinployees. A defned subset of the board of directors of a company. A two way...

Hugo decides to buy his Christmas gifts on Black Friday. To simplify his life, he is giving his 10 closest friends scarves for Christmas and everyone else Christmas cards. Hugo is willing to pay up...