Consider a process that makes high-end boards that get mounted on skateboards. The process starts with a

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Consider a process that makes high-end boards that get mounted on skateboards. The process starts with a unit cost of $20 for the first unit—that is, c(1) = 20—and has a learning rate of LR = 0.95. What will be the unit cost for the 128th unit?

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Operations Management

ISBN: 9781260547610

2nd International Edition

Authors: Gerard Cachon, Christian Terwiesch

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