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Razzle Dazzle Inc. was asked to produce 6 prototype disco lighting systems for a new Thats 70s theme restaurant chain. The time to produce each

Razzle Dazzle Inc. was asked to produce 6 prototype disco lighting systems for a new Thats 70s theme restaurant chain. The time to produce each of the systems is shown in the following table.

System

Time (Minutes)
1 3,600
2 3,375
3 3,100
4 3,000
5 2,800
6 2,650

  1. Estimate the learning coefficient.
  2. Based on initial customer reaction, RDs customer expects the T70s chain to go national requiring a total of 400 systems to be delivered. How much time would you expect the 400th unit to take to produce?
  3. Sales wants a time estimate for a quote for the remaining 394 units. What is the total time for these units and what is the average time for the next 394 units?

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