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A company which has developed a new machine has observed that the time taken to manufacture the first machine is 600 hours. Required: Calculate
A company which has developed a new machine has observed that the time taken to manufacture the first machine is 600 hours. Required: Calculate the time which the company will take to manufacture the second machine if the actual learning curve rate is (1) 80% and (2) 90%. Explain which of the two learning rates will show faster learning.
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Solution Tn T1 x C 1 80 T2 60...
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Business Statistics A Decision Making Approach
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
9th Edition
013302184X, 978-0133021844
