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Please check! my solutions in bold, if wrong please show how. Is multiple choice! A company has recently started producing a new product. The first
Please check! my solutions in bold, if wrong please show how. Is multiple choice! A company has recently started producing a new product. The first unit took 10 hours to produce. The total time for the first two units is 17 hours. Use info for a, b and c. li. What is the learning factor, to four decimal places? a) -0.7859 b) -0.2345 c) 0.7655 d)-0.0740 ii) Calculate the estimated total time to produce 40 units? a) 22.03 hours b) 304.44 hours c) 168.41 hours d) 24.08 hours iii) If the learning curve stops at 40 units, with 40 units representing the standard number of hours, the standard hours per unit, will be: a) 3.23 hours b) 7.05 hours c) 5.07 hours d) 2.33 hours
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