1. Remember the following comment from the chapter: "Anything you can do to accelerate the rate of learning will speed the cost savings." Let's put this to the test. Assume the following:

1. The supplier's learning rate is 30%.
2. So, the process is operating on a 70% learning curve.
3. Labor rates are still $20 per hour.

How much time would be required for the 250th unit? What would the labor cost for the 250th unit be? What percent savings does this represent compared to the 80% learning curve discussed in the chapter (i.e., $503.60)?

2. Identify one social setting in which you interact and for which decisions are made (e.g., family, work, school club, sports team et cetera). Who are the core individuals who influence decision-making? Now, apply the three steps that comprise gathering psychological intelligence: 1) Assess sources of power, 2) Evaluate motivations, and 3) Determine perceptions.

What insights have you gained about how decisions are made? Based on this insight, how can you play a more influential role in helping the organization achieve key goals?