Question: Problem 6 - 1 0 ( Algo ) United Research Assoclates ( URA ) had recelved a contract to produce two units of a new
Problem Algo
United Research Assoclates URA had recelved a contract to produce two units of a new crulse missile guidance control. The first unit
took hours to complete and cost $ in materials and equipment usage. The second took hours and cost $ in
materlals and equipment usage. Labor cost is charged at $ per hour. The company expects "learning" to occur relative to labor and
also the pricing of parts from suppliers.
The prime contractor has now approached URA and asked to submit a bid for the cost of producing another guldance controls.
Use Exhibit and Exhibit
a What will the last unit cost to bulld?
Note: Round your answer to the nearest dollar amount.
Answer is complete but not entirely correct.
b What will be the average time for the missile guidance controls?
Note: Round your answer to the nearest whole number.
Answer is complete but not entirely correct.
hours
C What wil the average cost be for guldance control for the in the contract?
Note: Round your answer to the nearest dollar amount.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
