Question 3 ei i Shanty Ltd produce a wooden rowing boat The Wave, which has been in production for a number of years. To date 757 boats have been produced. The budget for the next month requires 35 units to be built. The first ever unit took 80 hours to build and the company uses an 80% learning curve Required: a. Calculate: (i) the total labours hours needed for the production of the 35 units of The (ii) the average labour time per unit b. Explain Learning Curve theory and identify and explain the areas where the Wave (15 marks) theory will affect Fire Ltd. (25 marks) ?? Note: The leaming coefficient at 80% is-0322 Total: 40 marks oe