Question: Unit Number Cost ( $ millions ) Unit Number Cost ( $ millions ) 1 $ 1 2 1 1 3 : 9 Z 1
Unit Number Cost $ millions Unit Number Cost $ millions $: Z a oi a ox a Based on past experience, what is the learning rate? b What bid should LTI submit for the total order of units, assuming that learning continues? c What is the cost expected to be for the last unit under the learning rate you estimated?
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