Learning curve schedule and formulas The time required to complete the first unit of a labor-intensive product was 100 hours. Production is subject to a learning curve with an 80 percent learning rate.

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REQUIRED a. Prepare a labor time schedule similar to Figure 25-3 in the text, for the first three doublings of production. Your schedule should contain four rows of figures rounded to one decimal point. b. Use the learning curve formulas to verify the average cumulative time and total cumulative time in the last row of your schedule.