Question: Remember the following comment from the chapter: Anything you can do to accelerate the rate of learning will speed the cost savings. Let's put this
Remember the following comment from the chapter: "Anything you can do to accelerate the rate of learning will speed the cost savings." Let's put this to the test. Assume the following:
The supplier's learning rate is
So the process is operating on a learning curve.
Labor rates are still $ per hour.
What would be the labor cost for the th unit?
$
$
$
$
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