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Problem 3. It took Boston Dynamics 250,000 labor hours to produce the first of several Stretch, warehouse automation robots for Amazon. Your company, Alibaba, has

Problem 3.
It took Boston Dynamics 250,000 labor hours to produce the first of several Stretch, warehouse automation robots for Amazon.
Your company, Alibaba, has agreed to purchase the 25th Stretch Robot from Boston Dynamics.
Assume that Boston Dynamics experiences a learning rate of 64%.
At a labor rate of $110 per hour, what should you, expect to pay for the 25th unit?

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