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The Pacific Shore Company, which is under contract to the U.S. Navy, assembles troop deployment boats. Pacific Shore reports the following cost information for the
The Pacific Shore Company, which is under contract to the U.S. Navy, assembles troop deployment boats. Pacific Shore reports the following cost information for the first PT109 assembled. (Click the icon to view the additional information.) (Click the icon to view the cost information.) Read the requirements. Requirements Requirement 1. Prepare a prediction of the total costs for producing the six PT109s for the Navy. Begin by calculating the cumulative total time in labor-hours. (Round all answers to the nearest whole number.) 1. Prepare a prediction of the total costs for producing the six PT109s for the Navy. 2. Compare the cost predictions from requirement 1 (incremental unit-time Nu learning model) with the cost predictions based on a cumulative average-time learning model which has total costs of $5,971,125. Why are the predictions different? How should Pacific Shore decide which model it should use? Cumulative average-time learning model's cumulative average time per unit and cumulative total time The Pacific Shore Company, which is under contract to the U.S. Navy, assembles troop deployment boats. Pacific Shore reports the following cost information for the first PT109 assembled. (Click the icon to view the additional information.) (Click the icon to view the cost information.) Read the requirements. Requirements Requirement 1. Prepare a prediction of the total costs for producing the six PT109s for the Navy. Begin by calculating the cumulative total time in labor-hours. (Round all answers to the nearest whole number.) 1. Prepare a prediction of the total costs for producing the six PT109s for the Navy. 2. Compare the cost predictions from requirement 1 (incremental unit-time Nu learning model) with the cost predictions based on a cumulative average-time learning model which has total costs of $5,971,125. Why are the predictions different? How should Pacific Shore decide which model it should use? Cumulative average-time learning model's cumulative average time per unit and cumulative total time
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