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3. Omega Technology is starting production of a new supercomputer for use in large research universities. It has just completed the first unit, which took

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3. Omega Technology is starting production of a new supercomputer for use in large research universities. It has just completed the first unit, which took 120 labor hours to produce. Based on its experience, it estimates its learning percentage to be 80 percent. How many labor hours should it expect the second unit to require to manufacture? 4. You've just completed a pilot run of 10 units of a major product and found the processing time for each unit was as follows: UNIT NUMBER TIME (HOURS) UNIT NUMBER TIME (HOURS) 970 250 640 220 DAWN - 420 8 207 380 9 190 320 10 190 a. According to the pilot run, what would you estimate the learning rate to be? b. Based on part (a), how much time would it take for the next 190 units, assuming no loss of learning? c. How much time would it take to make the 1,000th unit? 5. Jack Simpson, contract negotiator for Nebula Airframe Company, is currently involved in bidding on a follow-up government contract. In gathering cost data from the first three units, which Nebula produced under a research and development contract, he found that the first unit took 2,000 labor hours, the second took 1,800 labor hours, and the third took 1,692 hours. In a contract for three more units, how many labor hours should Simpson plan for

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