Question: QUESTION 1 Ch 6 #4 Consider a process that makes high-end boards that get mounted on skateboards. The process starts with a unit cost of

QUESTION 1 Ch 6 #4 Consider a process that makes high-end boards that get mounted on skateboards. The process starts with a unit cost of $20 for the first unit -- that is.c(1) = 20 -- and has a learning rate LR=0.95. What will be the unit cost for the 128th unit? (Your number should look like this: 432.10 for $432.10) You may want to use the formula LO6-2 (below). How many times do you double the cumulative output to get from 1 to 128 units? Key Formulas Determine the unit cost of a process given a learning rate and an experience level QL06-2 c(After doubling cumulative output n times) = c(1) X LR" In) c(N) = c(1) X LR OMNI

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