ZOOM + In-class Exercise - Learning Curve Please fill in all melon shaded cells Grade out of 100 Team Members 1) Boing Aircraft collected the following cost data on the first 8 units of its new business jet. Unit Number Cost $Million 100.0 92.0 Learning Curve Formula 2 logb 3 83.7 Y = K x xlog 2 4 80.2 78.0 75.2 x = Unit number Y = Number of direct labor hours required to produce the ath unit K = Number of direct labor hours required to produce the first unit n = log blog 2 where bLearning percentage 74.0 & 73.0 a. estimate the learning curve for the new business jet. in millian dollars b.) estimate the average production cost for the 11th jet c.) estimate the cost to produce the 1,000th et. b.) estimate the average cost for the first 1,000 units of the jet in million dollars in million dollars VPH OM1919