Question: You need to develop a labor time estimate for a customer order of 20 network installations. It is estimated that the first installation will require
You need to develop a labor time estimate for a customer order of 20 network installations. It is estimated that the first installation will require 60 hours of labor and a learning curve of 70 percent is expected. Table 11.9 Learning Curve Coefficients 70% 75% 80% 85% 90% Unit Number Unit Time Total Time Unit Time Total Time Unit Time Total Time Unit Time Total Time Unit Time Total Time 1 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 2 .700 1.700 .750 1.750 .800 1.800 .850 1.850 .900 1.900 3 .568 2.268 .634 2.384 .702 2.502 .773 2.623 .846 2.746 4 .490 2.758 .562 2.946 .640 3.142 .723 3.345 .810 3.556 5 .437 3.195 .513 3.459 .596 3.738 .686 4.031 .783 4.339 6 .398 3.593 .475 3.934 .562 4.299 .657 4.688 .762 5.101 7 .367 3.960 .446 4.380 .534 4.834 .634 5.322 .744 5.845 8 .343 4.303 .422 4.802 .512 5.346 .614 5.936 .729 6.574 9 .323 4.626 .402 5.204 .493 5.839 .597 6.533 .716 7.290 10 .306 4.932 .385 5.589 .477 6.315 .583 7.116 .705 7.994 11 .291 5.223 .370 5.958 .462 6.777 .570 7.686 .695 8.689 12 .278 5.501 .357 6.315 .449 7.227 .558 8.244 .685 9.374 13 .267 5.769 .345 6.660 .438 7.665 .548 8.792 .677 10.052 14 .257 6.026 .334 6.994 .428 8.092 .539 9.331 .670 10.721 15 .248 6.274 .325 7.319 .418 8.511 .530 9.861 .663 11.384 16 .240 6.514 .316 7.635 .410 8.920 .522 10.383 .656 12.040 17 .233 6.747 .309 7.944 .402 9.322 .515 10.898 .650 12.690 18 .226 6.973 .301 8.245 .394 9.716 .508 11.405 .644 13.334 19 .220 7.192 .295 8.540 .388 10.104 .501 11.907 .639 13.974 20 .214 7.407 .288 8.828 .381 10.485 .495 12.402 .634 14.608 21 .209 7.615 .283 9.111 .375 10.860 .490 12.892 .630 15.237 22 .204 7.819 .277 9.388 .370 11.230 .484 13.376 .625 15.862 23 .199 8.018 .272 9.660 .364 11.594 .479 13.856 .621 16.483 24 .195 8.213 .267 9.928 .359 11.954 .475 14.331 .617 17.100 25 .191 8.404 .263 10.191 .355 12.309 .470 14.801 .613 17.713
(b) How many labor-hours are required for the twentieth installation? (Round your answer to 2 decimal places, e.g.,5.12.)
(c) How many labor-hours are required to complete all 20 installations?
(d) If the average labor cost is $32.00, what is the total labor cost for installing the networks?
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