Problem 1: (6 Points) A contractor intends to bid on a job installing 30 airport security systems. Because this will be a new line of work for the contractor, he believes there will be a learning effect for the job. After reviewing time records from a similar type of activity, the contractor is convinced that an 85 percent curve is appropriate. He estimates that the first job will take his crew eight days to install. How many days should the contractor budget for a. The first 10 installations? b. The second 10 installations? Problem 2: (6 Points) A job is known to have a learning percentage equal to 82 . If the first unit had a completion time of 20 hours, estimate the times that will be needed to complete the fourth units. Problem 3: (8 Points) A manager wants to determine an appropriate learning percentage for processing insurance claims for storm damage. Toward that end, times have been recorded for completion of each of the first six repetitions: a. Determine the approximate learning percentage. b. Using your answer from part a, estimate the average completion time per repetition assuming a total of 30 repetitions are planned Problem 1: (6 Points) A contractor intends to bid on a job installing 30 airport security systems. Because this will be a new line of work for the contractor, he believes there will be a learning effect for the job. After reviewing time records from a similar type of activity, the contractor is convinced that an 85 percent curve is appropriate. He estimates that the first job will take his crew eight days to install. How many days should the contractor budget for a. The first 10 installations? b. The second 10 installations? Problem 2: (6 Points) A job is known to have a learning percentage equal to 82 . If the first unit had a completion time of 20 hours, estimate the times that will be needed to complete the fourth units. Problem 3: (8 Points) A manager wants to determine an appropriate learning percentage for processing insurance claims for storm damage. Toward that end, times have been recorded for completion of each of the first six repetitions: a. Determine the approximate learning percentage. b. Using your answer from part a, estimate the average completion time per repetition assuming a total of 30 repetitions are planned