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Learning Curve Exercise 2 A firm produces 100 units and the average time per unit is 5.32 hours. A 90% learning curve applies. Required: a)
Learning Curve Exercise 2
A firm produces 100 units and the average time per unit is 5.32 hours. A 90% learning curve applies.
Required:
a) Find the average time per unit if 500 units are produced.
b) Find the average time per unit for the next 250 units.
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