Using the same data from Problem 3-26, apply a cumulative average-time learning curve model with a 90

Question:

Using the same data from Problem 3-26, apply a cumulative average-time learning curve model with a 90 percent learning rate.

Required:

1. Set up a table with columns for cumulative number of units, cumulative average time per unit in hours, cumulative total time in hours, and individual unit time for the nth unit in hours. Complete the table for 1, 2, 4, 8, 16, and 32 units.

2. Why do the results from this table differ from those in Requirement 1 of Problem 3-26?

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Cost Management Accounting And Control

ISBN: 9780324233100

5th Edition

Authors: Don R. Hansen, Maryanne M. Mowen

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