Z-Corp, a builder of small ships has 10 skilled crafts people who each supply. 250 labor-hours each
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Question:
Z-Corp, a builder of small ships has 10 skilled crafts people who each supply. 250 labor-hours each year. The company is about to construct a new style of ship. The THIRD SHIP is expected to take 6000 labor hours to complete. The firm thinks that 90% will be the learning rate.
1. What is the firm's capacity (labor-hours) in the first year to complete these ships?
2. What would be the total cost of the first three ships if the labor cost is $65.00 per hour?
Related Book For
Managerial Economics
ISBN: 978-0133020267
7th edition
Authors: Paul Keat, Philip K Young, Steve Erfle
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