Question: Use the Exhibit below: Ch4A-5 Jack Simpson, contract negotiator for Nebula Airframe Company, is currently involved in bidding on a follow-up government contract. In gathering

Use the Exhibit below: Ch4A-5 Jack Simpson,

Use the Exhibit below:

Use the Exhibit below: Ch4A-5 Jack Simpson,

Ch4A-5 Jack Simpson, contract negotiator for Nebula Airframe Company, is currently involved in bidding on a follow-up government contract. In gathering cost data from the first three units, which Nebula produced under a research and development contract, he found that the first unit took 2,500 labor hours, the second took 1,750 labor hours, and the third took 1,650 hours. Use Exhibit 6.5. In a contract for three more units, how many labor hours should Simpson plan for? (Round your answer to the nearest whole number.) Number of labor hours CUMULATIVE IMPROVEMENT FACTOR UNIT 60% 65% 70% 75% 80% 85% 90% 95% 1 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 2 1.600 1.650 1.700 1.750 1.800 1.850 1.900 1.950 3 2.045 2.155 2.268 2.384 2.502 2.623 2.746 2.872 4 2.405 2.578 2.758 2.946 3.142 3.345 3.556 3.774 5 2.710 2.946 3.195 3.459 3.738 4.031 4.339 4.662 6 2.977 3.274 3.593 3.934 4.299 4.688 5.101 5.538 7 3.216 3.572 3.960 4.380 4.834 5.322 5.845 6.404 8 3.432 3.847 4.303 4.802 5.346 5.936 6.574 7.261 9 3.630 14.102 4.626 5.204 5.839 6.533 7.290 8. 111 10 3.813 4.341 4.931 5.589 6.315 7.116 7.994 8.955 12 4.144 4.780 5.501 6.315 7.227 8.244 9.374 10.62 4.438 5.177 6.026 6.994 8.092 9.331 10.72 12.27 16 4.704 5.541 6.514 7.635 8.920 10.38 12.04 13.91 18 4.946 5.879 6.972 8.245 9.716 11.41 13.33 15.52 20 5.171 6.195 7407 8.828 10.48 12.40 14.61 17.13 22 5.379 6.492 7.819 9.388 11.23 13.38 15.86 18.72 24 5.574 6.773 8.213 9.928 11.95 14.33 17.10 20.31 25 5.668 8.909 8.404 10.19 12.31 14.80 17.71 21.10 30 6.097 7.540 9.305 11.45 14.02 17.09 20.73 25.00 35 6.478 8.109 10.13 12.72 15.64 19.29 23.67 28.86 40 6.821 8.531 10.90 13.72 17:19 21.43 26.54 32.68 45 7.134 9.114 11.62 14.77 18.68 23.50 29.37 36.47 AT

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!