Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The first unit of construction is completed in 10,000 hours. A learning rate of 80 percent is expected on doubled units (always assume doubled

 The first unit of construction is completed in 10,000 hours. A learning rate of 80 percent is expected on 

The first unit of construction is completed in 10,000 hours. A learning rate of 80 percent is expected on doubled units (always assume doubled units unless specifically stated otherwise). How much time will be required to complete the eighth unit? LogL/Log2- T# 2 T# 3 T# 4 T# 5 T# 6 T# 7 T# 8 T# T# 13 T# T# 16 T# 99 N 0.85 -0.234465254 Time Req. to Produce Unit #N Using Formula#2 Using Formula#1 106250 96614.35459 90312.5 85708.8827 82122.2014 79207.05876 76765.625 68506.06186 65250.78125 42560.1256 90312.5 76765.625 65250.78125 Arithmetic approach - Uses relationship: TN=L* IN - Useful only if values doubled Logarithmic analysis - Uses relationship: TN = T N log L / log 2 N = Unit of interest; T = Time for unit 1 - Can find time for any value of N The first unit of construction is completed in 10,000 hours. A learning rate of 80 percent is expected on doubled units (always assume doubled units unless specifically stated otherwise). How much time will be required to complete the eighth unit? LogL/Log2- T# 2 T# 3 T# 4 T# 5 T# 6 T# 7 T# 8 T# T# 13 T# T# 16 T# 99 N 0.85 -0.234465254 Time Req. to Produce Unit #N Using Formula#2 Using Formula#1 106250 96614.35459 90312.5 85708.8827 82122.2014 79207.05876 76765.625 68506.06186 65250.78125 42560.1256 90312.5 76765.625 65250.78125 Arithmetic approach - Uses relationship: TN=L* IN - Useful only if values doubled Logarithmic analysis - Uses relationship: TN = T N log/log 2 N = Unit of interest; T = Time for unit 1 - Can find time for any value of N

Step by Step Solution

3.37 Rating (147 Votes )

There are 3 Steps involved in it

Step: 1

It seems youve provided an image with information about the learning curve and time required to complete units of construction The image displays two ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics An Intuitive Approach with Calculus

Authors: Thomas Nechyba

1st edition

538453257, 978-0538453257

More Books

Students also viewed these Accounting questions

Question

find all matrices A (a) A = 13 (b) A + A = 213

Answered: 1 week ago