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(c) Given that the slope parameter of the learning rate to establish the new operating facility is 85%, calculate i) the average time per unit
(c) Given that the slope parameter of the learning rate to establish the new operating facility is 85%, calculate i) the average time per unit required to produce the first three units if the first unit takes 360 hours to complete. [5 Marks] ii) the cumulative average hours required for the first five units if the first unit takes 400 hours to complete. [5 Marks]
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